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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST
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To: Amy J who wrote (128217)2/24/2001 12:07:17 AM
From: Amy J  Read Replies (1) of 186894
 
Thread,

using Least Squares method on INTC, yields:

$20 on baseline of 7-9-86 to 12-31-98
$33 on baseline of 7-9-96 to 2-23-01

RE: "I guess I'm still trying to formulate an opinion on how bad things are and how long the downturn will last. John"

So, John, in answer to your question about how bad things could go, given that 1996 to 2001 experienced two semiconductor contractions, I wouldn't expect INTC to go too much below this figure.

For those who are patient, this is probably a good time to buy.

Regards,
Amy J
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