Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Tony Viola who wrote (129241)	3/5/2001 11:27:56 PM
From: puborectalis	Read Replies (2) of 186894

" That means chip makers haven’t got a clue when business will pick up, according to Lehman Brother chip industry analyst Dan Niles. “Trying to make the judgement that this is the bottom quarter is really stupid idea (for investors) because the companies don’t even know,” he said. Niles points to a similar chip downturn — from September, 1995 through July 1996 — during which the SOX index fell 52 percent. Within that drop, the index saw two rallies of 26 and 27 percent, he said. “With either (rally), if you had looked at that and said, ‘It’s the bottom; it’s time to buy,’ you would have lost a ton of money,” he said.

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