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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Paul Engel who wrote (57440)6/7/1998 3:47:00 PM
From: gnuman  Read Replies (1) of 186894
 
Paul E, re: "But who needs all that speed?"
Interesting. You looked at the performance and I looked at the price/performance.
Heck, if a consumer could buy a PII/450 for $1000 they'd jump all over it. (And a year or two from now they probably can).
The key is that there is a large market segment with a price elasticity point of around $1000. They'll buy the best system they can for that price. Compaq recognized this a year ago. What's amazing is what you can and will be able to get for $1000.
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