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To: greg nus who wrote (43136)12/23/1997 5:47:00 PM
From: Diamond Jim  Respond to of 186894
 
RE: Yaacov, Were it not for "Man of the year" media exposure sucking in fresh group of "reatil
bagholders" buying all for compound numbers of the past Intle stock would be trading
around $60 headed for fifty. Now we'll just have to waht for them to post the earnings
disapointment. a Lehman Bro's analysit reports Boxmakers stopped buying Intel CPU's during
the last three weeks of the year in anticipation of Intels announced imdending price cuts. Post
with this info can be read on the AMD Press thread if you like. Of coarse it's "Read it and
weep" stuff so you may may want to wait untill after Christmas to get the after christmas/Intel
Blues. Turns out 97 was a net no gain year and all you got in your stocking were twice as
many shares. Apparently the stocksplit was just another Intel planned media event.

Why so Bitter ?

jim



To: greg nus who wrote (43136)12/23/1997 7:08:00 PM
From: Dale J.  Respond to of 186894
 
PC holiday demand doubles
By Michael Kanellos
December 23, 1997, 11:35 a.m. PT
Twice as many U.S. households intend to buy a PC this holiday season compared to last year, and what appears to be driving them to the stores is price.

Close to 30 percent of those who said they intend to buy a computer this year plan to stay below the $1,250 price point while more than half plan to stay below $2,000. Over half of those who said they intend to buy PCs this holiday season were repeat buyers.

The poll results, which come from a joint survey conducted by TV guru AC Nielsen and International Data Corporation, illustrate both the opportunity and potential pitfalls that the sub-$1,000 computer has created for the industry.

Inexpensive computers have obviously excited consumers. If the poll results are translated into purchases, approximately 1.5 million new PC households will come online between late November and January 31, according to Bill Ablondi, vice president at IDC's New Media Group. PCs would then be found in approximately 43 percent of all U.S. homes.

"Many who thought a PC was beyond their reach financially are now coming to market. There is no question this category is expanding the home PC market," he said.

Cheap technology is also firing up interest in those homes that already have computers. Fifty-two percent of the folks who said they plan to buy a computer, but only spend between $750 and $1,249, already have a machine at home, according to the poll results.

Low-priced computers, however, generate less per-unit revenue for manufacturers and generally carry lower profit margins. According to the Nielsen poll, 30 percent of first-time buyers said they want to stay below $1,250 while 19 percent stated they want to be within the $750 to 999 range.

For current owners, 25 percent said they want to keep the price below $1,250 while 16 percent said they would stay in the $750 to $999 range.

The average price of a PC last holiday season was $1,900. This year, the average will be around $1,600, Ablondi pointed out.

Still, the appeal of high-end systems has not been lost. Forty-five percent of current owners who intend to buy computers said they planned on spending more than $2,000 this season, while another 30 percent said they plan on spending between $1,250 and $2,000.

"The repeat buyer is buying 'up market.' On average, they will spend more," he said.

Demographically, the PC market also shows signs of expanding. Sixty-two percent of those planning to spend between $750 and $999 had household incomes of $35,000 or less.



To: greg nus who wrote (43136)12/24/1997 10:57:00 AM
From: Yaacov  Read Replies (1) | Respond to of 186894
 
Greg,

I know that 1997 was not a good year for the split! I have owned INTC
since the company went public. I have bught gardaully and kept INTC in my fixed portfoglio, and I have traded it on daily basis in my trading portfoglio. Depsite the nasty 1997, if I look at what INTC has
contributed to my portflgio over the last ten year alone, even if the
stock goes to 35 and 40, I have still made plenty of money.

Furthermore, I own good stocks and I own bonds. Only 30% of my total
portfolgio is in stocks and the rest in investment grade bonds. If
INTC would go to 100 in Jan. 4th, I still have no better place to
invest my money in!! So, I stay put and in a year, or two, or 10,
if necessary. INTC, like all other great comapnies has its highs and lows, it is only matter of time!