Mohan Marette wrote:
>CNBC just aired an interview with a sr. managing director from Bear >Stearns-he spoke highly of tech's in general,and Intel in >particular.... said that earnings forecasts could be off, way off.
>Now I am worried.
No kidding. Last time they had a recommendation, it was at the
all time high. And they downgraded it when INTC hit 67? I don't
just Bear Stearn, but brokerage firms in general. After today's
NASDAQ's record closing at 1750, they are talking about NASDAQ
hitting 2000... Yet, when the Asian Flu was going on in Jan., they
were talking about a pull back to 1200. Just a bunch of morons.
I've set my eyes on INTC, DELL, MSFT since last week, but seeing
them going higher and higher each passing day, I could not find my
entry point to buy in those stocks. I ended up blaming myself for
not buying DELL at 122, MSFT at 153, INTC at 86. I don't know
how high they will go, but I would rather wait until them to stabalize
before using my hard-earned $ to buy into them. I also like CSCO
as well. I know in the long term, I won't lose with any of these
companies, but I would hate to be in red for several months after
I buy these babies. I got INTC at 94 1/8 last July, and it took
more than 6 months to get back to my original bought price. What
do you think would be a good entry point for INTC, 90? MSFT? 75?
DELL, 125? CSCO, 64? |
