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

To: hb who wrote (38668)	11/2/1997 12:58:00 AM
From: miraje	Read Replies (2) \| Respond to of 186894

IMO, AMD is in deep doo doo. For each chip they're producing, they have to toss three or four in the garbage. Intel is putting a major league squeeze on their ASP's with aggresive pricing. CYRX is biting them on the cheapo end with their MediaGX chip. The stock has no P/E because they have no E. Perhaps a P/L ratio would be more appropriate in determining the stock value. I'm thinking seriously about shorting 'em. Another 5 bucks on the down side is entirely possible.