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

To: Fred Fahmy who wrote (51530)	3/29/1998 1:22:00 PM
From: Mary Cluney	Read Replies (2) \| Respond to of 186894

Fred, >>>"''The transition is driven by the fact that this company (INTC) is going to have to focus its resources on becoming a bigger and more efficient manufacturer,'' Peck said."<<< I am fairly convinced that the writer of the article you cited, Kourosh Karimkhany, has cobbled quotes from Drew Peck and Rob Chaplinsky from a more thoughtful context. And then out of the blue he makes this statement: >>>PC prices are collapsing, falling from about $2,000 to $1,000 or less. That's forcing Intel to slash its own chip price more deeply than it would like.<<< What is the source of this information. Did he read it somewhere? Is it an intuitively obvious statement? Did he get this information from a respectable source (Paul Fiondella for example). Or did he just make it up? And, if did just make it up - will this statement be repeated over and over again? Mary

To: Fred Fahmy who wrote (51530)	3/29/1998 2:22:00 PM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Fred - From that Peck Quote: "'If they can't prevent prices from going down, then they have to address costs. That means becoming a much better manufacturer. That's why Intel turned to Barrett, Peck said. " Intel flubbed this big time! If it is manufacturing efficiency they need, who else but Jerry Sanders should they have hired for the job? I guess Peck still can't figure out that despite CPU prices being in a free fall, Intel is still earning (PROFITS) of over a BILLION DOLLARS per quarter. This guy Peck just ignores half of reality. I suppose he's still embarrassed by his early 1997 prediction that AMD was going to get 30% of the CPU market and their stock was headed towards $90! Paul