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

To: Paul Fiondella who wrote (43415)12/30/1997 7:21:00 PM
From: Thomas J. Smith  Read Replies (1) | Respond to of 186894
 
CUT PRICES = PRODUCT NOT MOVING

You cut prices for only one reason.. Pure and simple...
If it's not moving as fast as you expected it would and you built up high inventories based on this expectation You have to cut prices and profit margins to move the inventory.

Dell and CPQ gave this early indication that the products were not moving in early DEC. when they were cutting prices before the Christmas rush,,,, the RUSH that never came this year.



To: Paul Fiondella who wrote (43415)12/30/1997 7:36:00 PM
From: Shahen Petrosian  Respond to of 186894
 
> And what was Intel priced at one week ago?
> IF you want to see a year end rally in a stock, take a look at MSFT.
> It will be a good part of your education.

Again, compare Intel to NASDAQ in today's rally. It will be a good part
of your education.

As far as MSFT, I already gave it credit in my post.

Shahen Petrosian.


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