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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

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3:59 PM EST

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To: Scarecrow who wrote (56919)	6/3/1998 7:14:00 PM
From: Mo Chips	Read Replies (1) of 186894

<<When changes in price do not affect demand, it has LOWER elasticity, not HIGHER.>> You are right, I mistyped. I clearly understand the concept, this was a case of thinking one thing and typing another. I do maintain that your ideas (or lack thereof) are flimsy and unobjective. As an example, you compare the penetration of VCRs to computers in households, I ask what is the penetration of computers into business. Business is where the elasticity of demand (or correctly stated, inelastic demand) for computers really matters. So Microsoft's dominance doesn't affect a household that may buy a computer on average every couple of years or so, but business that are buying computers everyday. And this in turn, affects their profitability. Mo

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