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Technology Stocks : Intel Corporation (INTC)
INTC 54.33+0.1%Jan 22 3:59 PM EST
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To: TraderTerry who wrote (85680)7/14/1999 2:23:00 PM
From: Tenchusatsu   of 186894
 
<Regardless of the AMD issue, Dan Niles was the only analyst that was dead right about the revenues and earnings.>

Back in Q4 1998, on the AMD thread, there was a poster named Maxwell who did an EPS competition. Out of twenty or thirty people, including professional analysts, my guess (which was exactly the same as Tom Kurlak's) was the closest to the actual results. Does that mean I know more about AMD than anyone else? No, it was just a lucky guess.

<He is probably right about Intels future too>

The guy shouted "SELL!" when INTC was in the high 50's. The stock went down to the low 50's, which seemed to vindicate Danny Boy. But then the stock is now in the mid 60's, and Danny Boy never said, "BUY!" In other words, people who followed his advice are now left behind.

<Disclaimer: I am about to go short on Intel.>

Good luck. Hope you catch a point or two in drops. We longs will continue to hold.

Tenchusatsu
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