the market share is eroding fast for Intel in the
sub $1,000 market which is the largest market segment
now within the PC market. Intel is not untouchable
It took AMD over 20 years to get here and now
they are not only even, they are about to to pass
Intel in performance in 1999.
Intel has been asleep
on the wheel. They are now reacting instead of
The best they could come up with to compete with AMD
was to take the Pentium II, call it CeleronA and sell
at AMD price levels. Those two lines of chips are
IDENTICAL, both being sold parallel at different prices!!
One is just more expensive than the other.
anybody really believe a move like this can benefit Intel
? Do they really think cutomers are that stupid ?
They are hurting both their image and their earnings
at the same time, doing something like that, but
they have no choice. They are desperate.
never had to undercut anybody to maintain market share
- never. Everybody was always way behind . Not
Intel is in a desperate squeeze with no way out.
Earnings are going to go way, way down. Check out AMD and
see you in 99.
Trying to be disciplined, keeping option
liabilities less than 1% of my INTC
sold LNLMD this morning at $19.25, now
bought LNLAY this morning at $5, now at $6
both till this irrational selling is over
nice thing about INTC is liquidity - buy/sell almost
Sold BIG bunch of LNLMD (Jan00 120 Puts) at 19
Easy cash, now, taxes deferred until they expire next
(Just like my LNLMO's (Jan00 75 Puts) I sold last
Done option trading for a while - option liabilities
nearing 1% of INTC equity.