Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mike 2.0 who wrote (7750)	7/13/1999 10:02:00 PM
From: Shane M	Respond to of 78483

Thanks for the gold comments. Meanwhile I see Intel has caused quite a commotion over missing their quarter. I feel pretty lucky. I bought a put on INTC this morning. I was really just looking for a general position to protect against a market downdraft, but a company specific problem will do just nicely. Seems to be quite a bit of debate on INTC's "other revenue" which is up considerably, and results would've been worse without it. Shane

To: Mike 2.0 who wrote (7750)	7/14/1999 12:39:00 AM
From: Michael & B.Anne	Read Replies (2) \| Respond to of 78483

Meanwhile I see Intel has caused quite a commotion over missing their quarter. INTC unchanged in instinet trading and everyone on Intel thread is saying it is no big deal. Hmm. The Economist Magazine had a story a week (perhaps two weeks) ago wherein they predicted declining earnings for all chip makers. Primarily driven by two factors 1) the cost to provide a given computational ability (in MIPS: millions of instructions per second) has and continues to decline. (This has been the single constant throughout the history of computer design: cost per MIP drops around 28%/year ... all the way back to IBM 360 series.) 2) a re emergent asia .. more than willing and able to drive prices down.