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 35.94

-5.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim McMannis who wrote (61802)	8/4/1998 9:57:00 PM
From: exhon2004	Read Replies (3) of 186894

Jim or anybody: I know this is an Intel thread but Intel isn't immune from the general economy. Let's list the positives: - Long bond rate down to 5.63 with no reason to expect an increase. - Inflation is benign. - Federal budget looking at a 60+ Billion dollar surplus. - 34 of 50 States in surplus. - Continued corporate buyouts indicating corporations still see buys. - U.S. productivity highest in the world. - Corporations are flush with cash. - Balance sheets of major corporations in great shape. - Reduced costs for companies that source product in Asia. - U.S. Technological leadership. I'll start the negatives: - Asian currency devaluations, (especially Japan). - Slowing corporate earnings growth. - Declining confidence in U.S. political leadership. (Personally I'd score this in the plus column, but it's a short term negative for the market as it creates uncertainty.) On balance, I think the market is overreacting and I will put more money in sooner rather than later. Best regards, Greg Gimelli

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next