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


To: Paul Engel who wrote (74018)2/19/1999 12:43:00 AM
From: Bill Jackson  Read Replies (2) | Respond to of 186894
 
Paul, You seem to be as dumb as a post these days. Even the analysts admit that the price cuts by Intel to deny AMD/Cyrix turf cost Intel far more than they cost AMD/Cyrix in dollars. If the competitors are 1/20th the size every dollar you dent the small fry costs you $20, Intel of course paid that price. Had they not been willing to piss away 75% of their potential profits leaving a paltry 2 Billion instead of the 8 billion had they kept their prices up. AMD/Cyrix had no way of meeting the volume, Intel would have made that money. To be sure AMD and Cyrix would also have made bundles more and would have grown strong. So Intel decided to try to destroy a smaller competitor so it could not make enough gains to become a threat in the future. This means that Intel lacked faith in it's intellectual abilities and decided to try to club AMD to death with $. This is why they are under the gun by DOJ, criminal acts of a monopoly of the kind that got big oil and big steel in trouble years ago?
I am sure you paper this over in good propagandist form.

Bill