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Technology Stocks : Intel at $200
INTC 39.99-0.4%Oct 31 9:30 AM EST

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To: Andreas Helke who wrote (186)1/10/1997 1:41:00 PM
From: Burt Masnick   of 282
 
I am a digital electrical engineer. The classic problem in designing almost anything is special purpose vs general purpose. Does the lower cost of a mass produced product which must be adapted for use beat the cost of special purpose but necessarily lower volume product. I lean toward general purpose when the economics makes sense and special purpose when the economics makes sense. I strongly suspect that a general purpose machine CONFIGURED FOR THE LOW END is so close in cost to an NC that the NC makes no sense. I believe that years from now the NC will be studied in business schools as a classic business failure in the same way and for some of the same reasons as the Edsel. Both machines were built to satisfy the ego of a monomaniac. It would have cost Ford LESS to give away each Edsel buyer a Mercury than what they did!

I believe they will be giving away NCs (or virtually giving them away as the end nears for this folly). Just my humble opinion. Could be wrong. Lets check back in about a year.

Good investing,
Burt
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