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Technology Stocks : Intel Corporation (INTC)

INTC 36.85

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3:59 PM EST

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To: gnuman who wrote (58011)	6/15/1998 3:18:00 PM
From: Jim McMannis	Read Replies (2) of 186894

Gene, RE: "By staying in the market, (sub-0's) is it fair to assume (with all the technology improvements), that this segment will continue to displace the mid to high end for some time to come? When do you think this strategy will pay off for the investor, (higher share price?)" ___________ When do you think this strategy will pay off for the investor? What makes you think it ever will? If this down trend in computer prices continues, PCs will go the way of TVs and VCRs. Intel will still have the high end but the rest of the market will look totally different a year or two from now. It's started and it can't be stopped. Now way will the Sub $1000 market will go away. Au Contraire, it will beget the sub $500 market. IMHO, Intel is being sucked down a black hole if they choose to participate in this market. Maybe Intel has discounted the idea that the inexpensive chips they make for this market will actually "sell". What if they really do? <G> Jim

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