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Politics : Ask Michael Burke
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To: Timothy Liu who wrote (42535)1/7/1999 2:59:00 PM
From: Knighty Tin  Read Replies (3) of 132070
 
Tim, Definitely. Intel will probably come in at about $1.12 last quarter so they can claim "new record" as the insiders sell their shares to the suckers. But no doubt about next year. The overbuild of pc boxes are already a drag on the market and boxmakers are going to have to back off and perhaps even shut down lines. The channel is certainly not going to order a lot. And business sales stank throughout what was a great Xmas season, in units, for retail. That won't pick up with Y2K. In fact, I expect a precipitous decline. Meanwhile, Intel is losing market share hand over fist. Without the pricing power of boxmaker overbuilds, they have nothing.

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