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

To: Paul Jamerson who wrote (64036)	9/6/1998 8:46:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Paul - Re: " By Intel's own admission, they grossly underestimated the popularity of the sub $1000 PC. This decision has hurt their earnings. " How can you reach this conclusion? because AMD and Cyrix leaped at the opportunity to "service" the sub $1000 market and thereby generate incredible profits? WRONG ! Both these companies are LOSING MONEY - 4 straight quarters and a fifth on its way - due to CONCENTRATING on the sub $1000 PC market. Intel may have reacted SLOWLY to the sub $1000 PC stuff, but that "slowness" may have PROTECTED their profits from further decline. Since AMD and Cyrix lost money BIG TIME in the sub $1000 market, Intel's deliberate approach to it, while still maintaining $1.2 Billion in quarterly profits, may be interpreted as a masterful managerial tour-de-force. Think about it. Paul