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

To: Charles Skeen who wrote (37824)	10/27/1997 4:34:00 PM
From: Barry Grossman	Read Replies (1) \| Respond to of 186894

Charles, Re: <My point is simple: The prices of Intel chips are coming down far faster than planned> This is simply not true. <thus earnings will not meet expectations next year> Consequently, your conclusion might also be untrue. Barry

To: Charles Skeen who wrote (37824)	10/27/1997 6:21:00 PM
From: SisterMaryElephant	Respond to of 186894

Charles, <My point is simple: The prices of Intel chips are coming down far faster than planned; thus earnings will not meet expectations next year> I hope you take into consideration the very real possibility that the cost of building these chips is also coming down faster than planned ( per Intel c.c. / Otellini(sp?) interview ). I am not talking of just the plain old Pentiums, but the top of the line chips. Intel will continue to deliver a less expensive, more powerfull and incrementally more profitable chip, as they have proven they could do in the past. It's just that this time around it may take a couple of quarters to achieve this. As for INTC stock price; short term, it's anybodies guess. Good luck. SK

To: Charles Skeen who wrote (37824)	10/27/1997 10:06:00 PM
From: Tunica Albuginea	Respond to of 186894

Charlie, Re' "Re " Is deflation bad "? "I don't need to be lectured by the Wall Street Journal that deflation is good for me ......the prices of Intel chips are coming down far faster than planned; thus earnings will not meet expectations next year; thus, short-term, Intel's stock price goes nowhere but to the next support level, 70 perhaps.". You obviously have missed the whole subject of econ 101, Re; selling cheaper products to make up on volume.Thus I will take the libertyof refreshing your memory: It wasn't until Henry Ford started making cheap cars for the masses that Ford Motor company started becoming big.Till then only very few very rich people could afford the Mercedes and Bugattis. Same here. A small amount of the world's population now uses computers.As the chips cheapen, gg, more will be sold. TA