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


To: John Hull who wrote (74207)2/22/1999 1:18:00 AM
From: Jim McMannis  Respond to of 186894
 
John,
So, what is the average income in China?
A lot of people just assume that the middle class in China is the same as the middle class in the USA. Sorry but it isn't.
Sure, Intel will sell a some Pentium IIIs in China but only a fool would think that they are as affordable to the Chinese as they are to the USA consumer. Intel will get more than their share but I'd be interested in the mix of chips sold in China vs the US.
I'm well aware that Chinese have a passion for computers. I talk to my contacts there several times a week. Remember also that SE Asia is still wallowing at near depression levels and just starting to come out of it..
Actually, The whole China/Pentium III discussion here started as a joke. As in Big brother checking up on it's citizens, perpetuated by
more solid Intel citizens than I.

Jim



To: John Hull who wrote (74207)2/22/1999 4:24:00 AM
From: flash  Read Replies (2) | Respond to of 186894
 
CBS marketwatch has AMD (read)
Debra McGarry, CBS MarketWatch
Last Update: 1:26 PM ET Feb 21, 1999

U.S. stocks to watch

Advanced Micro Devices (AMD) shares may rise Monday on news that
personal computer maker Gateway (GTW) has picked AMD as its second
supplier of microprocessor chips. Gateway said Intel Corp. (INTC) will
provide the bulk of its microprocessors. AMD shares rose 1/2 to 17 5/8, and
Gateway shares added 3 3/4 to close at 72 7/8.

INTC) shares may come under pressure Monday on news that the
Federal Trade Commission alleged that the chip giant abused its power in
the market for microprocessors by withholding key technical information
from its competitors, according to Dow Jones. Intel said it's within its rights
to withhold the information and denied having monopoly power. Intel shares
fell 1/16 to 128 1/16 before the news.

Ford (F) is surging towards becoming the largest U.S. industrial company,
ahead of General Motors. But with the success comes the challenge of
continuing to deliver strong profits in the face of slowdowns overseas and at
home, Barron's reported. Shares fell 1 1/4 to 58 13/16 Friday. See story.

Motorola (MOT) has set plans to spin off one of its semiconductor units,
according to the trade magazine Electronic Buyers' News. The proposed
spinoff is part of Motorola's plans to focus on its "systems-solutions"'
semiconductor lines. Ahead of the report, shares rose 1 to 67 3/8.

Seagull Energy (SGO) announced that it has outsourced most of its
marketing and trading operations to remain flexible in an environment of
very low natural gas and oil prices. Shares fell 1/16 to 4 3/4 ahead of the
news.

A slew of software companies are set to report earnings next week. Look
for reports from Intuit (INTU), Novell (NOVL), BEA Systems (BEAS),
J.D. Edwards (JDEC) and Wind River (WIND). The last two companies
have pre-announced lower-than-projected earnings. See Software Report.

The Justice and Defense departments gave the go-ahead for the proposed
merger between Newport News Shipbuilding (NNS) and Avondale
Industries (AVDL) in a deal estimated at $470 million, it was announced
after the market closed Friday. Late Thursday, Newport received an
unsolicited cash buyout offer from General Dynamics (GD) for $38.50 a
share. Newport shares surged 3 1/2 to 31 15/16 Friday on that news.
Newport News says it's still committed to the deal to acquire Avondale.
General Dynamics shares added 5/16 to 60 3/8, while Avondale shares fell
2 15/16 to close at 29 3/4. See full story. See Zapman's sub-mission on the
sub-ject.