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


To: Pigboy who wrote (38498)10/31/1997 4:17:00 AM
From: Joseph Pareti  Read Replies (1) | Respond to of 186894
 
to all :
if the recent INTC plunge from $ 85 to $75 is indeed sparked by the
Pentium price cuts I am saying to myself Gee this is a lifetime
buy opportunity. Price cuts mean higher volume and this is good
for the fab. This will also choke Cyrix et al. in the channel.

Look at what happened on March 4 1996, when COMPAQ cut prices
as much as 20% to increase M/S. The stock slumped 18 % to 41 3/4.
One and a half year later CPQ more than quadrupled that value.

Go Intel go