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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%Feb 10 3:59 PM EST
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To: (no name provided) who wrote (9792)2/1/1997 12:49:00 PM
From: AK2004   of 186894
 
Engineer
but INTC did not have any competition what-so-ever until now. They were setting their own profit margins as opposed to market. Intel is a great company but faced with competition profit margins might not hold and even though that would not do much of a damage to a company since intel got cash and no debt it will hit earnings and in turn the price of the stock.
Regards
-Albert
ps Golman Sachs who are very bullish on intel warned the investors that if competition from amd and cyrx is to become a reality that would worse than their worst scenario and their price/earnings targets were set using very optimistic scenarios. They warn that they might review their assumptions of GM for Intel in light of coming competition
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