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Pastimes : Trading the markets.....
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To: GROUND ZERO™ who wrote (1457)12/7/2000 6:52:06 PM
From: Mephisto  Read Replies (1) of 4583
 
Investors and traders will have to adjust psychologically to the fact that PC boxes and MSFT won't lead the markets higher. It could take awhile for them to get use to this idea. Now, Intel falls into the same category as the PC box makers, MSFT and Motorola because Intel announced today that their earnings will not meet Wall Street estimates.

Unfortunately, Motorola tries to drag down the entire semi-sector. Motorola is unable to compete with NOKIA and others. Motorola's problems are internal, but they refuse to say so. Instead, they blame the semi-sector for their problems.

Cheers,

Mephisto
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