Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Engel who wrote (58751)	6/25/1998 3:17:00 AM
From: denni	Read Replies (1) \| Respond to of 186894

>>Investors - A Letter to the Wall Street Journal re: Intel great post. i thought you didn't have wsj? have you seen the light? <g> Analysts Expect Little Impact On Intel From Chipset Bug interactive.wsj.com!&time=06/24+17:19

To: Paul Engel who wrote (58751)	6/25/1998 10:15:00 AM
From: Barry Grossman	Read Replies (1) \| Respond to of 186894

Paul, That was one great letter. I wish Mr. Jenkins was a thread participant. He has a way with words and clear thinking. I am particularly fond of: "the actions of a silly agency looking for reasons to meddle if it could get away with it." "The usual commentators stroke their chins thoughtfully and approvingly." "The agency itself acknowledges that Intel's behavior would be perfectly rational and responsible if undertaken by any other company. It crosses an imaginary line only if the FTC can make the imaginary label "monopolist" stick. The agency must pray that the ever-pliable theories of antitrust can perform this trick, depending on the mood of the judge. But if the FTC wins, the world will not be a safer place for the "innovation" it claims to be protecting." "Mr. Grove realized that his real competition wasn't Japan or any other chipmaker, but a daunting cost curve. A new chip plant costs $5 billion. The only way to recoup that investment is to get the whole hardware and software industry pulling together to create new machines that a large enough public wants to buy." Thanks for pointing it out. Barry