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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.6%

3:59 PM EST

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To: gnuman who wrote (61732)	8/3/1998 4:32:00 PM
From: Paul Engel	of 186894

Gene - Re: "Your positive spin on low-ball pricing has always been that it hurt's AMD. Anything that hurt's AMD is positive to you, regardless of what it means to Intel." And I have been dead-right on. AMD made 9 cents/share in Q1 97 AMD made 7 cents/share in Q297 as Intel cut prices. AMD lost 22 cents/share in Q3 97 as Intel further cut prices AMD lost 9 cents/share in Q497 as Intel further cut prices AMD lost 39 cents/share in Q198 as Intel continued to cut prices. AMD lost 45 cents/share in Q298 as Intel further cut prices As AMD loses more money, they are forced to abandon their own R & D and go "barter" for help - witness the Motorola deal. Intel and AMD are locked in a battle - Intel has shown the ability to remain profitable, reduce costs, improve performance, introduce new technology, develop new products and product lines, and compete in such a way that their competition is financially damaged. Paul

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