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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Gerald Walls who wrote (80353)5/3/1999 11:27:00 AM
From: Tony Viola  Read Replies (2) of 186894
 
Gerald,

Watch the ads for wonderful opportunities. I recently put myself on a waiting list
at Office Depot for a 13.3 gig Seagate (I think it was Seagate) HD for $149 after
rebate.


That's great, but I'm going to do a reverse on the "why is the consumer always getting ripped off" mantra (if there still is such a mantra). These hard drive companies are cutting their own throats, same thing sort of happening among the MPU makers (well, 2 out of 3 are cutting themselves, you know who). Name me one other industry besides ELECTRONICS INC. where the companies are falling all over themselves cutting prices like they do. 6, no 5, no 4, no, $300 PCs, hard drives of the storage size mainframes had a few short years ago for $149. These companies are nuts. Imagine if foreign companies were gettin' inta da act (Durante) in hard drives and MPUs like they do in DRAM. Wouldn't be in Intel or any other such stock. These companies need to do something like the airlines do, who magically come up with the same flight fare, within the dollar, from coast to coast among several airlines.

Note that I don't work for a "commodity" electronics company.

Monday morning rant complete.

Tony
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