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Politics : Idea Of The Day

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To: Judy who wrote (15697)12/22/1997 12:41:00 AM
From: Gary105   of 50167
 
Judy, thanks for the insight re. intc. Personally I'm waiting and watching this one having sold my position in the 90s and 70s. Imo it should move one way or another on January earnings release (I dont expect surprise but I do expect some comments about future which will influence stock). At that point we will have formed a right shoulder which if violated can fill gap in mid to upper 40s over time or the worries will be for naught with movement back up to the 90s over time.
If the former occurs then I expect other techs to also drop (csco to 37 and msft to 100 to fill gaps)

As far as I'm concerned its a crap shoot right now and I sleep much better with most of my $ in BRKB rather than tech stocks.

Gary
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