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

To: Barry Grossman who wrote (125900)	1/23/2001 9:48:22 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 186894

Intel to slash chip prices by over 40 percent news.cnet.com An excerpt from the article: Although the two companies are engaged in what looks like a price war, it's not voluntary. PC prices began to slow last summer and then dropped off a cliff toward the holidays. Now, most PC makers have excess inventory, which means Intel and AMD have excess processors. "There's a glut of everything in PC components right now. PC processors are plentiful, and AMD and Intel are butting heads at all levels, top to bottom," said Mike Feibus, an analyst at Mercury Research in Scottsdale, Ariz. "There's a price skirmish going on," he added. But "I wouldn't call it a war yet. Neither company wants an all-out war in a period of (market) weakness." Tenchusatsu