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Technology Stocks : Intel Corporation (INTC)

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To: Fred Fahmy who wrote (62317)	8/11/1998 8:40:00 PM
From: gnuman	Read Replies (1) of 186894

Fred, re:<As for falling prices....show me a three month period since 1995 (or even earlier) when PC prices haven't fallen. PC prices are always falling.> *Whoa Nelly!* Two days ago you told me: "I believe my point was that the price of a state of the art machine or top end machine wouldn't erode that much if at all. I just checked my records. A little over three years ago I bought a loaded Dell P120 which at the time was top line. It cost $2535 (no monitor). Three years later I buy a top line Gateway fully loaded for $2575 (no monitor). ASP's have come across all PC's because a new segment has developed which I still consider largely incremental. People who traditionally have bought at the high end are still paying about the same amount when they upgrade (of course they are getting much more for their money) because they still want to be at the high end. I know lots of people who have bought PC's in the last 6 months and they have all been closer to $3000 (with monitor) than $1000. These people were all upgrading (as opposed to first time buyers)." So what is it? Are PC's prices always falling, or are they stable?

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