SI
SI
discoversearch

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.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FuzzFace who wrote (43668)1/16/1998 5:15:00 PM
From: Rocky Reid  Read Replies (2) of 58324
 
>>Rock, how are your 'charts' looking on INTC? Can you see the bottom yet? <<

We bottomed out last week. If you invested in INTC a year ago, you are just about breaking even. One year is a long time for such a high quality company to have its stock price not appreciate. That is why I like INTC right now. It's fundamentals have caught up with its price, and its PE is below 20. Its earnings were very good, despite foward statements warning that next Q sales could be flat. I look for INTC share price to rise 25% within 2 months. Remember, the current INTC share price already accounts for bad news.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext