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.
Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t2 who wrote (79114)4/14/1999 5:52:00 PM
From: limtex  Read Replies (1) of 186894
 
t2000 -

I am not ready to buy yet--but will be soon.

When ? Sounds like you're vering towards view of the market taking a haircut. OK more or less than ? 10%, 20% How much?

The PC industry isn't nearly dead and it didn't die in the space of the time that INTC was $130 till yesterday or the day before ie less than one week.

No I posted yesterday that the market sentiment is gone for the moment. No real reason for it. Just gone. It smelled that way just as soon as the reaction to the earnings was clear. This market loves things or it doesn't. In this case it was clearly in the 'doesn't category. So down we go for a few weeks I guess. Same as after last earnings season except that this time there is no waiting for all the results to be out and digested. The market has taken a view now that its time to dump stocks and so thats what its doing.

The problem is that that is all OK provided that nothing else goes seriously wrong. Like we're now at the beginning of a European Vietnam. More troops ( only for humanitarina purposes of course) more planes, more ships etc. Remember Gen Westmoreland? Anyway if it takes a turn for the worse, and things in the Balkans ALWAYS take a turn for the worse, then the market will tank big time.

Pls tell mne I'm wrong and not to worry.

Best regards,

L



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext