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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (429)4/18/2001 7:25:59 AM
From: Stoctrash  Read Replies (2) | Respond to of 1063
 
...well....INTC did warn of a 20% decline next Q but some how says things are looking a little better.... but MOST amazing is they would not give any guidance for the Qtr?????

"surely it can't get worse, ....can it??"

The Kool-Aid drinkers are in deep here, must be time relase medication, not the instant stuff Jim Jones used<GGG>
Intel's cuts are `unprecedented' for new product family

BY THERESE POLETTI
Mercury News
siliconvalley.com

Faced with declining market share and moribund PC sales in the United
States, chip giant Intel has launched a fierce price war against its arch-rival,
Advanced Micro Devices. Prices for some high-end chips are being slashed
60 percent -- far steeper cuts than Intel has made in the past.

Analysts say the assault will seriously batter Intel's profits in an already lousy
year. But Intel appears determined to stop AMD's advances into the personal
computer market, no matter what the cost.