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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%3:59 PM EST

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To: AK2004 who wrote (52913)4/14/1998 4:06:00 PM
From: Shahen Petrosian  Read Replies (2) of 186894
 
Hi Albert. re: "no effect on amd but huge effect on Intel stockholders. <ggg>"

No effect? AMD was pegged to be a $90 stock by the end of 1997! Look at it now, eeking out dead cat bounces in the 20's. In my opinion putting the squeeze on the competition at the cost of lower margins was the right thing to do for the shareholders.
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