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

To: Amy J who wrote (135896)	5/23/2001 3:11:46 AM
From: Paul Engel	Respond to of 186894

Amy - Re: "When the semiconductor companies were experiencing low profits - did Cheney pound on Bush to investigate why many of America's fine corporations were experiencing decreased earnings ?" Of course not. It's a free market - and market forces are what they are. Saint Boxer sat around for 8 years and did DIDDLY SQUAT while the energy crisis festered and blew up.

To: Amy J who wrote (135896)	5/23/2001 3:20:23 AM
From: Dinesh	Respond to of 186894

OT Hi Amy If Intel had increased chip prices by 10X's during last year's shortage, rather than keeping prices reasonable as they did, I bet the government would have been on Intel's case in one form or another. You should also consider that oil price is set in Chicago whereas chip prices aren't. Furthermore, 10X oil prices it was not. Even during the fall of 1990 it flared up into the $40s, from $20s. (I imagine you are referring to PEAK spot electricity rate in CA oflate. But the total CA electricity budget has merely tracked the natural gas price curve over the last 2 years. That ain't no gouging, but don't tell that to St. Boxer. And, what are we complaining about -- all forms of energy combined only make up approx. 7-8% of the CPI basket.) Without the AMD monkey on its back, I am sure INTC would happily oblige you with 'better' pricing. Regards -Dinesh

To: Amy J who wrote (135896)	5/23/2001 8:06:18 AM
From: GVTucker	Read Replies (1) \| Respond to of 186894

Amy, RE: When the semiconductor companies were experiencing low profits - did Cheney pound on Bush to investigate why many of America's fine corporations were experiencing decreased earnings ? If Intel had increased chip prices by 10X's during last year's shortage, rather than keeping prices reasonable as they did, I bet the government would have been on Intel's case in one form or another. I didn't realize that you thought Intel's products were commodities. For Intel to be comparable to the oil and gas companies, that would need to be the case. There's a reason that oil and gas companies are currently trading for 4x cash flow right now. It is because they cannot control the price of the good they sell. Their goods are commodities. Intel trades at a PE of almost 50 right now. They can control the price of the goods they sell. THAT is why the government would likely be in Intel's case in the situation that you cite.

To: Amy J who wrote (135896)	5/23/2001 10:32:46 AM
From: dale_laroy	Respond to of 186894

>If Intel had increased chip prices by 10X's during last year's shortage, rather than keeping prices reasonable as they did, I bet the government would have been on Intel's case in one form or another.< Not quite analogous. However, even if Intel had more modestly reduced prices for existing speed grades as they introduced every new speed grade at a higher price (as was the case immediately after the PIII introduction up to the introduction of the Athlon), the government would have done nothing.