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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: GuyNixon who wrote (3641)7/27/1998 8:52:00 AM
From: Carl R.  Read Replies (1) of 4697
 
I haven't tracked INTC lately, but in the past they were selling chips at an ASP of about $300 with an average cost of under $50. With margins like that you can't cut costs enough to make up for lost market share. Rather their hope for improved profit comes from XEON, MERCED, etc where they can maintain 600% margins or better.

Carl
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