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

To: Pancho Villa who wrote (37623)	10/25/1997 10:19:00 PM
From: Paul Fiondella	Read Replies (2) \| Respond to of 186894

PII 266MHz MMX systems break $2000 You recall Otellini in the CMP interview "It took the 486 some 50 months to reach the $2500 price point, the PII five months into its life is at sub $2000." The Fleckenstein claiming the PC market was saturated and the best customers for the high end PC's were not trading up. "If (PC's shipped) are growing 15% in units and average sales prices are down 11% you are talking a 3% revenue growth rate---worse than in the last recession." "Compaq asked Intel to restart their classic PC line." ============================ From these two comments you get the picture of Intel PII's getting chopped in price to squeeze into the sub $2000 PC market. A market which Fleckenstein believes is characterized by home PC users keeping their Pentiums, business users demanding lower cost systems, and new users entering a market in which they can buy the following for $1999: PII 266MHz MMX with 64MB RAM, 6.5Gig drive, 24X CDROM, sound card, 56K modem, Win 95 and 17" monitor and flat bed scanner and HP color printer thrown in. ============================ Fleckenstein's prediction: "Current technology stock prices could get cut in half."