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To: GVTucker who wrote (72876)2/6/1999 8:57:00 AM
From: Joseph S. Lione  Respond to of 186894
 
GVTucker: "Some of the greatest companies in the US compete solely on price. Wal-Mart, Southwest Airlines, and Home Depot come to mind immediately, but there are many more."

Those companies you mention offer much more than just price; to say they compete SOLELY on price seems somewhat simplistic.



To: GVTucker who wrote (72876)2/6/1999 9:47:00 AM
From: Gary Ng  Respond to of 186894
 
GV, Re: That other leg is essential for a company that chooses to compete on price. Keep your prices lower than everyone else, knowing that you are the only one that can make money at that price. When others finally catch up to you on a cost basis to match your price, you have also been working on efficiencies and can lower your price even further, maintaining that edge.

Sounds like Intel.

Gary


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