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

To: Tenchusatsu who wrote (141174)	8/9/2001 3:55:44 PM
From: Tony Viola	Read Replies (2) \| Respond to of 186894

Ten, Cool post from the Motley Fool by another Intel employee: Author: PoorBloke Number: of 33899 Subject: Re: History Could Repeat Itself Date: 8/9/01 2:00 PM Post New • Post Reply • Reply Later • Create Poll • Post News Report this Post • Recommend it! Recommendations: 9 No, Intel reduced prices to accelerate the transition from the 386 to the 486. I was there. I also got this in the mail at work today: "In summary we are slashing our EPS estimates by 39%, margin projections by 25% and downgrading INTC to a sell. We strongly suggest that our clients underweight INTC as we view the steep price cuts as clear evidence that the PC industry has reached saturation and will struggle to achieve growth beyond 4-6% y/y at best." Sound familiar? It was written by an analyst in 1992 as a direct result of Intel's price reductions. His interpretation mirrors many of today's anlysts. Some people never learn..... Cheers, PB leviticus.boards.fool.com