Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

Nov 17 3:59 PM EST

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To: Barry Grossman who wrote (58866)	6/26/1998 5:34:00 PM
From: The Vinman	Read Replies (2) of 186894

<<You have it backwards.>> I do? It sounds like you are making the argument that INTC is dropping prices to drive out the competition. INTC has no choice but to drop prices, and if you look at the numbers from recent quarters they are experiencing lower rev's, which means margin pressures are a bigger negative than the positive of increased demand, not a good sign.....box makers are getting killed with cheaper ASP's and INTC has no choice but to cut prices. What is Compaq going to say? "Hey, we are experiencing lower margins, you can cut prices if you feel like it." I don't think that is what they are telling INTC. Vinman

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