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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: puborectalis who wrote (55916)	5/21/1998 1:24:00 PM
From: Paul Engel	Read Replies (1) of 186894

Stephen - Re: "How was the Annual Intel Meeting?..Any surprises?" The meeting was fine - very professionally done. Intel's executives seemed a bit reserved but confident. They acknowledged the price/demand dilemma problems but emphasized their approach at market segmentation - establishing different designs and configurations and price targets for the 8 or 10 "segements" that they see. As noted in in other sources, Intel emphasized that R & D - investment in new processes and products - is what has always succeeded in re-vitalizing the company after periods of slowdown and that they expect this to continue to work. The Q & A session was peppered with the usual - "Intel PCs are too powerful for word processing and recipe filing...yada, yada,yada..." Nobody asked how Intel could earn Billions of dollars by selling $15 CPUs, however. Paul

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