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To: Matt Kaarlela who wrote (67896)11/4/1998 5:55:00 PM
From: Chip Roos  Read Replies (1) | Respond to of 186894
 
I bailed out of INTC today....bought one year ago at 92 and suffered the swings from that price to the mid 60's too many times. I am delighted to have made a small profit and to be on the sidelines.

INTC may soar - and I hope so for everybody's sake. But it sure feels good to be out at least for the nearterm.

Good luck to all.

Chip



To: Matt Kaarlela who wrote (67896)11/4/1998 7:08:00 PM
From: Scumbria  Read Replies (3) | Respond to of 186894
 
Matt,

Briefly it said the interest in sub $1000 computers is starting to die down

That is true. The next wave is sub-$500 computers.

BTW: Here is a quote from the article:
... we all want the fastest Internet speed we can get. The family spent $1,800 on a Gateway computer with a Pentium II chip and a large hard drive.

Obviously the author, and the people interviewed, were highly knowledgable about computers. (There is nothing like a 450 MHz CPU for speeding up internet access.)

Have you heard that IBM is coming out with a $699 Cyrix computer, and HP is rumored to be coming out with a $699 Cyrix package that includes a printer?

Scumbria