Well, looks like everybody has been avoiding this site for the last
week, so I will prop it up.
There is bad news out there, Intel shareholders. Compaq has
announced at COMDEX that it has discovered a "problem" with a high
speed Pentium, connected with networking. Compaq is delaying assembly
and shipping of this class of computers, and both companies are
working on the problem. The source is at www.pathfinder.com, COMDEX
news.
So, I would say, that's it for our INTC this year; this news will be
hard to overcome, we need something big to stop the slide of the
stock. Do I hear another downgrade???? Or is the problem way too
small? Anyway, technology has truly turned into a killing field, and
one needs guts and trust to stay in.
Two weeks ago things looked so differently, now we are where we were
in September. We really need this Thanksgiving break. The problem
is some tech investors will have nothing to thank for buy then ... maybe. |
