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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: Smart Investor who wrote (80504)5/6/1999 5:45:00 PM
From: Michael Bakunin  Read Replies (1) of 186894
 
The worry appears to be prices, not units. The tail-end quote tells the story quite clearly: corporate sales are nowhere, consumer sales are everything (growthwise), and consumers are depressing prices: Overall, home PC sales grew 57 percent over last year, compared to corporate sales, which grew 9 percent. "Contrary to perceived wisdom that home users will play to the same basic rules that professional buyers have stuck to, of finding a price level they are comfortable with and by and large just accepting increasing levels of technology, home buyers just want more, but at a substantially lower price," Williams said in a statement.
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