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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.51-0.8%Dec 15 3:59 PM EST

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To: TechnoWiz who wrote (12982)11/9/1997 6:41:00 PM
From: dougjn  Read Replies (1) of 27012
 
This strikes me as just right. Except perhaps for intc. I could see the sixties for a while. Anyway not above the 70s for quite a while. Seems to me they are nexus of two neg. trends/worries. Both Asia and cheap PC's. As everyone knows. But has been LOTs of resistance to notion that the great intc should trade down. Not sure the down balance has been struck yet. E.g., perhaps more earnings downward revisions, etc. Not sure of course. Just seems relatively vulnerable to the current complex of worries.

MSFT and CSCO much less so. Coms looking UGLY, seems to me.

Qcom has show great strength lately. Do you follow that one?

Regards, Doug
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