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

To: Paul Engel who wrote (110948)	9/23/2000 9:13:56 AM
From: John Meares	Read Replies (2) \| Respond to of 186894

from the Raging Bull site: Intel was a bit shady about the reasons for the possible shortfall, saying only that it would be due to "weaker demand in Europe." The ambiguity of the statement actually may have helped the markets Friday as some investors decided other competitors and related sectors might not be affected. Over on the message board for Advanced Micro Devices (AMD), which scooted up 2 1/16 to 26, Raging Bull member lawguyman didn't think AMD had any problems in Europe: "There seems to be growing evidence that AMD has done pretty well in expanding OEM presence in Europe. I would not be surprised to seem AMD do well in Germany considering there large presence there. One cannot discount the impact of Germans choosing to buy a product made in their own country. Also, Intel is probably not looked at nearly as sacrosanct in Europe as it is here. It is just another American company. This could explain why IBM has heretofore not marketed Duron in the US, but has in other countries. I am sure that the Euro's value has had some impact on sales, I just don't see it as THE reason for Intel's shortfall. Intel would rather bring the entire market down than admit a weakness of any kind. Such arrogance was the cause of their downfall and it will not help them admit that they have serious problems."