Dennis and ALL,
I have read the INTC article in IBD. I felt different from you. It only mentioned that stock will take a while before it can break new highs which I believe is true.
It did not say anything on real predictions.
I felt that it was an indicator to watch it for that buying oppportunity when it has stablized.
1) It was an indicator that the market was slowing due to the asian situation
2) The U.S. economy will be hit by the Asian problems
3) INTC always have product transitions... for one that is to get interest of the people to buy new products with high margins. Also to crush companies like AMD, Cyrx (now part of NSM) by lower existing products.
4) INTC will come back in my opinion..don't write them off just yet. Lots of companies will definately be happy with margins like that.
Just one quarter does not mean that it will have more 10 bad quarters.
This is an investment stock not a momentum stock and that takes time.
5) MSFT will have some battle with the Feds. It seems that the shareholders are not have with the problems of MSFT not confroming with the Internet Exploerer. BTW, Internet Explorer has problem with some computer..it seem to MESS Up some files on one's harddrive...Our company does not allow us to install it.
Well that is my personal opioion, you don't have to agree..one should do their own research and find their anwser....
CAll INTC and see what they sell...and plans are...
Their web page is:
intel.com
Happy Holidays to ALL!!!!!
GOOD LUCK TO ALL IN '98 :-)
Willie
>>
Paul and All, IBD article
IBD article dated Saturday, Dec. 22. Page A3. Any thoughts ???
Man, this article scares the HELL out of me because I have to agree with it.
Very bearish for those who do not get IBD. Intc trading in the 40's
soon because of 1. lack of follow through on breakouts, 2. failure to rally
from sell-off lows, 3. Running into overhead price resistance, 4. Breaking
down from earlier price support levels.
Ralph Acampora looks for 20% correction in market sometime next year.
Andrew Addison, Stan Weinstein bearish outlook for intc.
Yes, I know. Another trash story from more "experts" but one point cannot be
overlooked..... growth has slowed in the past four quarters from 118 to 116
to 56 to 19%. Next quarter should be around 16%.
Very bearish for msft and cpq also. :o(
Is this normal when intc has a product transition ??
I would just as soon sell now and buy back in a few months and avoid the
decline as much as possible.
HELP,
Dennis
BTW, Happy Holidays. :o) |
