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

To: Jay who wrote (46274)	1/23/1998 9:46:00 AM
From: exhon2004	Read Replies (1) \| Respond to of 186894

All: Lots of discussion of IOM. Any thoughts about the effects of Gateway 2000's surprisingly good results on Intel? Apparently sub 0 PC's and Asia are not going to put either of them out of business by this time tomorrow. Excerpt from WSJ: Gateway 2000 Inc. surprised Wall Street with a 5% gain in fourth-quarter profit, a much stronger rebound than expected from its loss in the third quarter.......... "It's not like the whole world has gone to sub-$1,000s," said Ted Waitt, Gateway chairman and chief executive officer, using the industry moniker for low-priced PCs. "The sweet spot for us in the market was $2,000." Best Regards, Greg Gimelli