Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.15

-0.6%

Dec 24 12:59 PM EST

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To: Jim McMannis who wrote (72884)	2/4/1999 4:38:00 PM
From: Jeff Fox	Read Replies (1) of 186894

Jim, re: Predatory pricing? - Not likely My belief is that Intel has chosen to peg the Celeron pricing at 172% of its cost (58% margin), and let the price fall in concert with cost reductions. Hardly predatory, just competitive. Sorry if AMD can't keep up. By the way, I show the last AMD trade at 3:14 est. Was trading on AMD suspended? Appears the problem with all this is that it's dragging down Intel. The whole sector tanked today. I doubt AMD troubles were in play here. Jeff

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