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

To: Willsgarden who wrote (39147)	11/6/1997 12:03:00 PM
From: mauser96	Read Replies (2) \| Respond to of 186894

In almost any other business cutting the price of an item increases the number of people that can afford to own one, and therefore buy one. Some surveys have shown that a large percentage of the public are uninterested in owning a PC at almost any imaginable price. They can't see a need for it, and even though this wasn't mentioned in the survey, I suspect they are intimidated by computers. Perhaps they can be persuaded to buy a sub $1000 computer for their children. Most countries aren't as rich as the USA and cheaper computers are bound to expand the market in these countries. In retrospect, the move to cheaper computers was inevitable. Intel will adapt and prosper. It will be like the auto market-some people are willing and able to buy a Lexus, some are satisfied with an Escort. Most of the analysts regard this movement to cheaper computers as a huge challenge, but it could turn out to be a sea change opportunity for computer companies to sell to the billions of people that can't afford a $3000 computer. What a huge potential market! The cloud hanging over Intel is now so universal, that the only thing that will send the stock up is surprise upside earnings, and I don't see much chance for that until mid 1998 at the earliest.

To: Willsgarden who wrote (39147)	11/6/1997 1:52:00 PM
From: Chuck Martin	Read Replies (1) \| Respond to of 186894

Bill, I agree with you that Intel very likely will adapt and dominate segment zero (Andy Grove is still paranoid). However, we INTC investors must keep an eye on the situation, just in case Intel's plans fail. If I may borrow a line from Ronald Reagan, "Trust, but verify." Chuck

To: Willsgarden who wrote (39147)	11/6/1997 2:28:00 PM
From: Barry Grossman	Read Replies (2) \| Respond to of 186894

Bill - Re: "Semi's are like the steel makers were to the industrial revolution" I like another analogy better. I was either reading or listening to someone describe the current revolution and the analogy they used was that semis are an invention like the steam engine was. The steam engine was the transforming invention that created a new paradigm of how mechanical work was to be done from then on. So, too, is the invention of "semi's". It has transformed more than work though, and I believe that the effect of this transformation is only now JUST BEGINNING - contrary to the arguments that there are no new uses for continued innovation, that what we have now is "good enough". The innovation that was the steam engine is like the semi innovation in that a whole new way of doing things was created and had to be learned. Remember that there were no steam engineers or other experts around prior to this invention and they had to learn how to make the best use of the technology before it became widespread. The innovation of semi's has become a lot more widespread much quicker. One of the reasons is that there are now a lot more technically aware individuals around. As someone once said, "You ain't seen nothing yet!" Barry