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Technology Stocks : Intel Corporation (INTC)

INTC 44.06

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3:59 PM EST

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To: hpeace who wrote (13548)	3/8/1997 2:38:00 PM
From: Kashish King	of 186894

Steve, the assertion that Cyrix' MediaGX is a threat to Intel's position is completely consistent with his other bogus claims. The only thing that has saved the GX from out right ridicule is the fact that they are hiding behind notion that these low-cost, low-profit sytems are just filling a niche in the home PC market. The important question to be answered is whether Intel can continue to grow earnings such that they will merrit a PE in inline with or in excess of the market average. The MediaGX is a stop-gap device for a niche market but it is really too bad that it is being treated so harshly in the press. Running at HALF the speed of a Pentium 133 is hardly threatening.

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