INTEL SUPPORT GROUP - the sky is falling!!!! Message Board

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Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!

INTC 37.04

-6.2%

Nov 4 3:59 PM EST

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To: Zachary Fluhr who wrote (40)	3/18/1996 2:10:00 PM
From: Burt Masnick	of 248

Zack - When I look at the price action I am encouraged. INTC seems to be ready to break up through 61. However, there is an article in todays San Jose Mercury (www.sjmercury.com) that suggests that PC sales are slowing because the homes that want one have it and they replace it every five years. The middle class is less enthused about a $2000 plus toy. They can't affort it. Article suggests that what is needed is a "Volkswagon" PC that is more affordable and is regarded as "hip". I think they have a point. I know (and have written) all about NT this fall and the MMX being irresistable, BUT I am getting a little nervous about the current slowdown in sales. Its not tragic, but 10% growth is not the same as 20-30% growth. What do you think? Burt

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