Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.32

-0.8%

3:59 PM EST

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To: Paul Engel who wrote (74706)	2/27/1999 9:30:00 AM
From: t2	Read Replies (1) of 186894

Why did Intel fall? Due to Compaq downward earnings revision? That is the only thing that makes some sense. However, Compaq, HP, IBM are the ones that sell a lot of the cheap PCs. I have not heard any bad news from Gateway or Dell--expect that maybe the revenues slowing to due price competition. The price of the chips is not being slashed even though PCs might get cheaper due to severe competition. In fact we might see a lot of buying due to price reductions. In addition, all those that want the latest and greatest are going to buy a lot of PIII computers. Sorry I don't consider the new AMD chip as the latest and greatest in the eyes of the consumer who is looking for a high end PC. Maybe the tech junkies think AMD is comparable on the high end but not the consumers who get bombarded with all those Intel commercials. JMHO

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