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Technology Stocks : Intel Corporation (INTC)
INTC 48.23+2.3%Feb 11 3:59 PM EST
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To: Raymond Thomas who wrote ()4/27/1996 9:37:00 PM
From: Carl R.   of 186894
 
Intel will decrease prices by 30% on May 1, according to rumors. This
will leave them without a chip in the $600 range until the P200 comes
out in late June, and will significantly reduce their ASP in the
meantime. Unless their volume substantially increases as a result
of the decrease, or there is a major shift in demand from the
P100-P120 to the P150 and P166, this could have a negative effect on
earnings in the 2d quarter.

Carl
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