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Technology Stocks : Intel Corporation (INTC)

INTC 33.63

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3:59 PM EST

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To: Scumbria who wrote (67277)	10/23/1998 6:03:00 PM
From: Paul Engel	Read Replies (1) of 186894

Scumbria - re: "MP capability, which may open up a new high margin market for them." Listen - or re-listen - the AMD's most recent quarterly conference call. Sanders was asked by some analyst what he expected AMD's average selling price to be one year "from now" (the date of the call). In 0.5 nanoseconds, Sanders snapped "$100". Sanders has no interest in high margins or high profits - he only wants to flood the market with cheap CPUs so he can say "AMD took market share from Intel". With the K7 being much larger than existing AMD devices - and requiring "expensive" packaging, AMD is going to lose money on the K7. And AMD is very experienced in losing money. Paul

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