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Technology Stocks : Compaq
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To: Dulane U. Ponder who wrote (11767)12/19/1997 1:59:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 97611
 
Well, let them fiddle while Rome burns. What do I care?

Above was in re INTC, and that is my sentiment exactly. I even posted that to the Intel thread the day after INTC released their last earnings. I posted that fundamentally and technically, INTC stock was obviously going lower than the 86 that it gapped down to (on tremendously heavy volume). It's funny because on that evening, I saw some very experienced traders (on SI's T/A and tech stock options threads) in an apparent state of denial also. I knew then and there that nearly everyone except shorts were going to lose money on INTC in the coming months. I didn't short INTC, but I haven't even thought of touching INTC until Jan at the earliest. That's when Intel gives 1998 guidance, like middle of Jan.

DK
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