RE: The big questions remains, are we about to break the 50 day moving average .....
I would disagree. The big question does not concern any moving
average or bollinger band or support or resistance level. The
big question, I would assert, is whether or not, at a PE of
20+, with an 85% market share, with the FTC on its heels, with
IBM making breakthroughs that I am used to hearing Grove announce,
with its business model now apparently moving into networking
products and who knows what else, Intel as a company represents
something you want to own, own more of, or sell.
The point seems to me, as with every other company, to be the
same. Is this stock worth buying at these levels when measured
against my horizon and opportunity cost? The strength of this
board and others like it is that we are not shackled by the
herd mentality that drives analysts and clueless investors to
rush madly from stock to stock. But we can't do that if we
are discussing wiggles on a chart. Anybody read a co report
lately, track the trends in earnings estimates, talk to IR...?
J |
