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Technology Stocks : Intel Corporation (INTC)
INTC 45.07-17.0%Jan 23 9:30 AM EST

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To: Bruce Cullen who wrote (111425)9/26/2000 4:25:36 PM
From: Tony Viola  Read Replies (5) of 186894
 
Bruce, TI (TXN) Apple and IBM all went into periods where they actually lost money, and they all bounced back. In the case of TI, they had losses in 2 different years: 1997 and 1998, LATE 1998. Their stock more than quadrupled from that point in a little over a year. There were a couple reasons for the big bounceback in TI. They got out of DRAMs and concentrated heavily in DSPs, which are big in cellphones and other wireless products. They are the overwhelming leader in DSPs.

Apple and IBM just got their houses in order and started to produce strong results again. I wouldn't say either have any gee whiz products. They just executed.

Just some stories about other companies that went down for a while.

It is amazing how the doom and gloomers come out of nowhere at times like this. They are about as useful as the ones claiming "this stock is going to the moon!"

Tony
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