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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (23456)	11/3/1997 10:40:00 AM
From: mike iles	Respond to of 53903

To all, H&Q's analyst Rob Chaplinsky just reduced his recommendation on Intel to Hold from Buy. His reason: the sharp growth of low-priced PCs, the so-called Segment 0 market. This sub-$1000 segment has grown from 23% of retail sales in May to over 40% in Sept. Intel sneezes and MU catches pnuemonia (sp?) ... these PCs use a lot cheaper processors than INTC is used to selling ... and they use less memory than the higher-priced models. Probably only a matter of time before this spills over into the corporate market. regards Mike