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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%3:59 PM EST

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To: exhon2004 who wrote (74727)2/27/1999 12:54:00 PM
From: James R. Barrett  Read Replies (2) of 186894
 
Greg, I didn't say AMD shareholders are laughing. I said you and I were laughing at AMD two years ago. AMD shareholders are crying because the stock hasn't gone up and the company is still losing money.

INTC shareholders were much more confident and happier two years ago than they are today. Intel is a geat and profitable company but they will never again see the outrageous gross margins of yesteryear.

I still remember shelling out $600 for a 486 66MHz Overdrive chip in 1994. This was three years after Intel started selling 486's.
Gouging is so easy when there is no competition.

Jim
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