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

To: Joe NYC who wrote (51871)	4/1/1998 9:46:00 PM
From: Shahen Petrosian	Read Replies (2) \| Respond to of 186894

Jozef, The danger is that people will realize that your latest and greatest chip which costs $900 when it is released becomes a $300 chip in 6 months. But this "danger" has been known now for at least a decade. People have accepted that PC prices plummet within a few months of purchase and yet they continue to buy because of performance improvements. People behave similarly with cars as well. The price of a car drops drastically as soon as you drive off the lot, yet ... By the way it's usually businesses that drive the income from the initial waves of the high end offerings. For all its worth, I am of the opinion that a cacheless Celeron is not going to be the sole low end Intel presence for long. I think the usual trickle down price drop will manifest itself in the form of added cache in the low end. In a previous post someone posted that Intel won't be able to add cache to the low end because they won't be able to justify the prices at the higher end. To that I'd like to add that MHZ will take care of that as it has in the past. 400Mhz PII's are about to be announced this month. Shahen.