Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 3:59 PM EST

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To: S. Chiang who wrote (66417)	10/13/1998 4:51:00 PM
From: kash johal	Read Replies (5) of 186894

Folks, Intel bought 20M shares for 1.7Bn this quarter to prop up the stock. With competition from AMD's superior K7 on the horizon, Intels profits for 99 could be under pressure. Perhaps the Big Boys have figured this out and don't want to buy any of the x86 suppliers. Go figure. Kash

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