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 39.54+7.5%10:57 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kapkan4u who wrote (81587)5/26/1999 12:58:00 AM
From: L. Adam Latham  Read Replies (1) of 186894
 
kapkan4u:

Re: So by your logic if you flip a coin three times and get three tails, then a tail for the fourth time is a sure thing?

No. Coin tosses are independent events, and do not depend on past tosses. There is a 50% chance that the next toss will be another tail. It is my opinion that the history of a company's past performance is a good indicator of its future performance. Since INTC's 25% corrections in the past turned out to be good buying opportunities, I have no reason to believe that this correction is any different.

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