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

To: carl a. mehr who wrote (111699)	9/28/2000 4:10:41 PM
From: GVTucker	Read Replies (3) \| Respond to of 186894

carl, exactly how can a stock drop 'a few hundred percent'?

To: carl a. mehr who wrote (111699)	9/28/2000 9:11:06 PM
From: Amy J	Read Replies (1) \| Respond to of 186894

Hi Humble One and Thread, RE: "This has been a wicked downturn. Intel for the month of September was down 41%. This could turn out to be the second largest downturn in Intel's history. ...In the period between 10/7/87 and 10/26/87, Intel went down 56%. That must have been the largest downturn ever." ----------------------- I was in school back then, so am not very familiar with Intel prior to the 90's. I understand 1987 was a difficult period and was one of Intel's largest transitions into new products - from memory to CPUs. What was this period like for Intel? Was INTC up ytd in 1987 prior to the drop? How did INTC end in 1987? Just curious. Are you doing any traveling and INTC chanting? Btw, Paul Allen & Rosen step down from Microsoft's Board ~ Nov 9. I'd like to hear more about the Server demand - which in my opinion is going to hold the boat, not the consumers. Balmer told CNET the Win2000 sales were strong in the Server market. There were reported shortages only a few weeks ago, but the Dell Server cuts are weird and question this. So, either Server demand has unexpectedly fallen off, or Dell has a problem. Anyone get a handle on those Dell cuts? From what I've read, I would tend to believe Server/Enterprise is holding good. Tony, Rudedog? Regards, Amy J

To: carl a. mehr who wrote (111699)	9/28/2000 10:26:58 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Carl - Re: "In the period between 10/7/87 and 10/26/87, Intel went down 56%. That must have been the largest downturn ever. Feel free to comment on my figures as they may be off a bit." July 5, 1974 may compete for the largest single day drop, percentage-wise. I don't have the exact figures at hand, but a friend of mine was telling me about that just a few days ago. For those too young to remember, Intel and the US economy went into a tailspin in early to mid-1974, as the result of the first Arab Oil Embargo - and SOARING gas prices, etc. Intel hit a high of around $80 in early 1974 and hit $15.50 in December of 1974 - all share values are UNCORRECTED for subsequent stock splits. As a reminder, that LOW of $15.50/share would be $0.0128 ( a little more than a penny) when corrected for splits - so you might say Intel eventually recovered from that depressed stock price. Paul