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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Brian Hutcheson who wrote (54529)	4/26/1998 2:52:00 PM
From: Joey Smith	Read Replies (1) of 186894

Brian. Wrong examples! re:Did you by anychance also invest in IBM in the 80s , Sony when it had the Betamax proprietary video cassettes and Apple when it had it's own comfortable monopoly ? These companies lost their dominant positions due to changes either in technologies or standards. IBM: cost/performance of mainframe computing eventually lost out to x86 PCs and RISC workstations connected via LANs. Also, IBM SNA model at the time (mid 80s) was proprietary vs. openness of PCs, TCP/IP, etc. Sony: failed to license Betamax, VHS becomes the standard Apple: failed to license MAC/OS, Windows on x86 becomes the standard. AMD/Cyrix/etc. are just clones. They add no value, and can only compete based on lower price to the market leader. They are NOT providing a new technology or developing their own standard. Intel will never be toppled unless AMD develops a new technology or standard which transforms the industry. K6-3D, Slot-A???? good luck! joey

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