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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (82)3/20/1998 10:21:00 AM
From: LK2  Read Replies (2) | Respond to of 2025
 
Are current PC sales/profits getting any better?
I heard on CNBC this morning:
INTC is cutting the price of their top of the line pentiums by 19%.
MER is cutting the ratings on computer resellers, due to slower than expected recent sales.
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Add this to the price cuts for business PCs announced by CPQ and IBM the last two days.
These items are very short-term oriented, but so is Wall Street. And, whether we like it or not, Wall Street sets the price of the stocks we hold/sold short/whatever.

Regards,

Larry