Michael,
Thanks for your post.
Below are my personal opinions on some of the questions you raised:
Re. Do you think an Intel recovery will be a "locomotive" next week to pull up other high tech stocks like AMAT, KLAC, COMS, TXN, MU, etc?
I think the high-quality, unduly punished high tech issues would follow INTC and bounce back; major recovery would likely commense after the options expiry next week. Of the stocks you mentioned above,AMAT might fit into this category, but COMS does not. TXN is more closely tied to the SE Asian situation.
Re. What is your end-of-the year prediction for INTC price?
I usually refrain from making short-term predictions as the market forces are too complex to analyze. Yet most of these would neutralize one another over time, thus leaving only fundamentals as the major long-term driving force for a given stock's price performance.
INTC should be significantly higher on Dec 31 than now.
Re. And are you at all worried about the increasing marketshare Intel commands, with trouble at AMD? I worry about how much marketshare INTEL can control before Janet Reno gets itchy at Justice (re MSFT).
It would seem to me that Intel management has always been highly sensitive to potential anti-trust issues. No, I am not worried about INTC in the context of DOJ and Janet R.
Regards,
Ibexx |
