Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon Tara who wrote (44078)	1/6/1998 1:21:00 AM
From: john defreitas	Read Replies (2) of 186894

jon, how can you justify 85 for intc at this point....or even 80 this stock is going to tumble. even if they make the number for the quarter, what can they possibly say positive looking foward for the next 2-3 quarters.....aisa and japan are dead and thats 1/3 of their revenue...they are already cutting prices again....they are increasing their capital spending from 4.5bil to 5.4bil in 98. they have received "massave cancellations" resulting in excess inventory. they already had a weak q3 in flash memory, q4 won't be better. r & d and mg & a 10-15% higher this quarter...i may be the fool, but right now i can't see a smart person buying in at 75 much less at 80-85....asia is dead money for 3-6months at least. japan keeps getting worse. if you peek in their site and re-read their q3 post earning statement..it was not all that positive short term, and things got a lot worse since then......regards,john

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next