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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%3:59 PM EST

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To: Michael Bakunin who wrote (92654)11/17/1999 10:01:00 AM
From: Tony Viola  Read Replies (1) of 186894
 
Michael, need some clarification about:

I'm still not convinced of the semi
'recovery', not in the context of current stock prices.


Are you saying you're not convinced about recovery of the overall semiconductor industry, or about Intel by itself, or what? Re overall, we are in probably just the first year of the biggest semiconductor boom in a long time, if not ever. Forecasts from everyone I've heard from Intel to LSI to AMAT CEOs to analyst groups like SEMI are now extending 20ish % growth predictions into 2002. That would be a good long up cycle for this manic-depressive industry. Wish I'd bought more semis but can't complain about the three I mentioned, either.

quote.yahoo.com^SOXX&d=1y

Tony
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