Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.44

+3.8%

2:56 PM EST

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To: maui_dude who wrote (153329)	12/29/2001 9:55:54 PM
From: bambs	Read Replies (1) of 186894

pardon me for looking at intel as having less then 1% actual earnings per share, enough shares for everyone on the planet to own one, flat to negative revenue for 3 years + years, profits declining, record high valuation, rising cost of sales, and in a price war with amd. Might I also add that there is very little business case for upgrading pc's now. Y2K is behind us. There is little to no benefit for upgrading the average employee's pc! (you tell me why any employee needs to move from a PIII 400 to a P4 2gig. will it improve there productivity?) As for upgrading at home...only to make the pc a better toy. The US consumer is loaded with debt. Mortgage rates aren't coming down anymore, Unemployment will continue to rise in 2002. the fed's hands are just about tied. The bankruptcy's and lay offs will increase in 2002. INTC is a short. I'm sorry you don't see it that way. I do, and I'm not one to let a bear market prevent me from making money. Good luck, Bambs

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