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Technology Stocks : Intel Corporation (INTC)
INTC 35.36-1.6%3:48 PM EST

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To: t2 who wrote (74559)2/26/1999 10:36:00 AM
From: JDN  Read Replies (1) of 186894
 
Dear Tech: Well, I believe the market feels that if things are not good for the PC manufacturers they are not good for INTC who supplies the guts of the PC. What they are missing though is I dont think anyone is forecasting a decrease in SHIPMENTS merely some type of price war within the PC industry. So long as shipments stay up dont see why it would effect INTC unless they think INTC will have to reduce its prices so the PC manufacturers can keep their profits up. To that I would reply, FAT CHANCE. INTC commands such a large part of the market and their name recognition HELPS sell PC's . I see no reason that INTC should have to underwrite PC profitablility. JDN
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