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Technology Stocks : Intel Corporation (INTC)
INTC 38.33+3.5%Nov 5 3:59 PM EST

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To: Tony Viola who wrote (78441)4/11/1999 1:48:00 PM
From: Scumbria  Read Replies (4) of 186894
 
Tony,

Compaq specifically said that their shortfall was due to their commercial PC business, which is 100% Intel based.

''The quarter's shortfall reflects lower-than-anticipated market demand and increased competitive pricing in the commercial PC sector,'' Chief Financial Officer Earl Mason said in the statement.

dailynews.yahoo.com

If anything, this will push them towards alternate suppliers. Compaq and most other OEMs are not happy about the fact that Intel gets most of the profit out of each box. That is one reason why they are always looking for lower cost CPUs.

Scumbria
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