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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%Feb 10 3:59 PM EST

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To: Lee Martin who wrote (5388)11/18/1996 9:26:00 PM
From: Robert G. Bianchi   of 186894
 
Lee, You are correct in your assumption that Intel will cut prices should AMD and Cyrix gain sufficient market share. When Intel does what you suggests, Intel's margins will also decline, the stock Price/Earnings ratio will decline, and so would the stock. Stockholders will love that scenario! Just to get rid of a few "dirt daubers".

BTW, should Paul decide to close his Intel position, rest assured that this thread would be the last to know. When Paul closed is short position in Cyrix he did his best to mislead investors so he could get the best price. Three weeks later, he indicated his change of heart when attempting to brag about his investing prowess. If you don't believe me, look at the Cyrix thread and see for yourself.

Bob
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