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Technology Stocks : Intel Corporation (INTC)

INTC 40.51

+0.4%

Dec 9 3:59 PM EST

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To: stak who wrote (66594)	10/14/1998 2:56:00 PM
From: Dale J.	Read Replies (2) of 186894

Stak Re:1999 is really the year to be scared of a "price war". A traditional price war in the mobile processor market AMD loan covenants require AMD to have significant profits in the 4th Qtr. If they don't, AMD will need to hire more lawyers than engineers. That is why I think prices might stablize. Instead of undercutting Intel by 25% they may try to undercut by only 15%. They cant afford to go any lower. Dale

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