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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (99485)	2/18/2000 5:14:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"so will RDRAM prices come down as the technology becomes more widespread. Of course you get that, Jim." I believe I alluded to that. As capacity is added and yields get better.

To: Road Walker who wrote (99485)	2/18/2000 5:23:00 PM
From: L. Adam Latham	Respond to of 186894

John and all: Another Intel investment is to go public soon: biz.yahoo.com Evoke Inc. files to raise $115 mln in IPO WASHINGTON, Feb 18 (Reuters) - Evoke Inc., a provider of Internet communication services and formerly known as VStream Inc., filed on Friday to raise as much as $115 million in an initial public offering. The company offers a suite of application services that help large and medium-sized companies conduct conference calls over the Internet, live and on-demand streaming and voice-to-email messaging. Its customers include Cisco Systems Inc. (NasdaqNM:CSCO - news), Wells Fargo Bank (NYSE:WFC - news) and Microsoft Corp. (NasdaqNM:MSFT - news), according to a preliminary prospectus filed with the Securities and Exchange Commission. Evoke did not say how many shares it plans to sell or in what price range, although those details are expected in future filings. The firm plans to use the funds raised in the IPO to expand its sales force and marketing efforts, develop its systems and services further, increase operational capacity, finance potential acquisitions, and general corporate purposes. The company, based in Louisville, Colo., had $2.2 million in revenue and $10.8 million in net losses in 1999, the filing showed. Intel Corp. (NasdaqNM:INTC - news) holds a 7.1 percent stake in Evoke prior to the offering. The $115 million figure in the IPO filing was merely done to serve as a basis for calculating the SEC registration fee, the company said. It has applied to trade its shares on Nasdaq under the symbol ``EVOK' (NasdaqSC:EVOK - news) once it goes public. The underwriters include Salomon Smith Barney, Robertson Stephens, Thomas Weisel Partners LLC and CIBC World Markets.

To: Road Walker who wrote (99485)	2/18/2000 10:25:00 PM
From: nihil	Read Replies (2) \| Respond to of 186894

Not a word of truth in the whole statement. In techology (i.e. economies of scale industry) the price is a decreasing function of scale, R&D, learning (supply side factors), and design wins and complementaries (demand side factors). With enough design wins on a chip the price can be brought down by 35% or more a year, but it is not the increased production in a single line that brings the price decline, but the multiplications of lines and fabs. Ramping up take times, if only because of the time cycle in production of chips that takes hundreds of procedures which have minimum times that add up to weeks or months. Premature price reductions (Intel in 99) and premature announcements (Intel in 99) create shortages which allow effective substitutes to make a bundle. The are simple the working of the dynamic law of supply and demand. One makes mistakes. Glitches occur. People stand in front of the steamroller waving red flags, but while dogs bark, the caravan advances crushing everything in it's way. Intel owes almost nothing. Has billions of cash and high priced stock. What it cannot make it can buy. $5 billion investment this year. A doubling of capacity. PC prices came down for two main reasons: (1) Dell's (and white box makers) destruction of CPQ, IBM etc. margins and profits. (2) economies of scale and technology in components and marketing of same. Any school boy can put together a cheaper computer than he can buy at CompUSA. How can a box maker compete with billions of school boys?