<< If there's no stock market crash early next year (i believe there would be one) then
INTC can resume upward trend as early as April '98. >>
Arik, where have you been? Have you not noticed the GIANT TECH CRASH that has been occuring over the last several weeks? I agree that it is strange that people like MSFT (them and CSCO seem to be the lone bandits out there having survived thus far...I will take their drops to signify the finishing touches to the current panic) are actually going up in this mess. Have you seen where the giants in the industry have gone just recently? And I am talking about the largest dd maker, SEG, the largest PC maker, CPQ, the largest chip maker, INTC, the largest semi equip co, AMAT, the second largest software co, ORCL, all the networkers Besides CSCO, etc...etc...Just what do you consider a crash? When all the leading techs are selling at book value?
In my opinion, things will continue to be insane and intel may not grow its earnings as fast for the next several quarters, but they will be back. There is just so much potential, that it is ridiculous.
ALL IMHO
pigboy |
