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Technology Stocks : Intel Corporation (INTC)
INTC 37.28-0.6%3:59 PM EST

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To: Paul Engel who wrote (37705)10/27/1997 2:41:00 AM
From: 16yearcycle  Read Replies (1) of 186894
 
Paul,

She turned "not bearish" in January, afer being bearish since July '96.

She missed 1000 dow points in the meanwhile.

OOPS!

What is your take on the capital equipment makers? AMAT and the rest of the gang are getting killed, although after a 400% run, and it will probably get worse tomorrow.This appears to be primarily due to concerns about se asia.

AMAT is trading at 16-17x next year estimates, although estmates may
be revised downwards.

TIA.

Gene

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