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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: TRCM who wrote (141618)9/8/1999 4:19:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 176387
 
One guy thinks INTC may not yet be overbought...

Looks good for the whole sector including this thread's favourite.

Extract from a Dow Jones Newswires release follows.

...
Chip Stks -2:Intel May Preannounce Positive 3Q - Analyst
By MARIA V. GEORGIANIS and CHRISTOPHER GRIMES
...
Chip companies are having a good quarter as the PC market prepares for its strongest periods, the back-to-school and Christmas seasons. This is helping chip companies like Intel Corp. (INTC) and memory maker Micron Technology Inc. (MU)

In fact, Intel could pre-announce that its third-quarter business is better than expected, said David Wu, an analyst at ABN Amro.

For long-struggling Micron, the news is also improving as DRAM prices continue to rise. DRAMs, or dynamic random access memory chips, are the most common chip found in a PC.

Tuesday, the price of a 64-megabit DRAM ranged between $11 and $12 on the spot marker, said Wu, the ABN Amro analyst. In contrast, they cost $7.27 on Aug. 18, he said.

DRAM makers are having a rough time transitioning to the next generation of chip, known as 0.18 micron. Consequently, the newest, fastest DRAMs are in shorter supply, driving prices up, Wu said.

"Virtually every day (DRAM prices) have been up," he said. "And the rate of increase is accelerating."

An improving DRAM market - and the transition to the new 0.18 micron chips - is helping semiconductor equipment makers, too.

"The chip equipment guys sound a lot more bullish than they did a month ago," Wu said.
...



To: TRCM who wrote (141618)9/8/1999 4:28:00 PM
From: Sig  Read Replies (2) | Respond to of 176387
 
Whoooooooaaaaaa
Dell makes an acquisition. Read all about it in Marketwatch news
(Wasn't IBM)G Sig



To: TRCM who wrote (141618)9/8/1999 5:20:00 PM
From: edamo  Respond to of 176387
 
re: dell opinion

you don't see it overbought, i see it overbought...stock not going up, therefore it has supply feeding into it, only time you have supply that lowers price is in an overbought condition. no irrational fears, just technicals in a slow market...if irrational fears why some oversold/reversing bias issues as hwp,qcom,emc up today???? dell looked to be breaking out of 45-49 range on friday per your comment...it didn't......why??? still overbought, supply outstrip demand, it went down...no magic, basic mechanics of the market...been this way as long as i remember...........go back to my answer to your 8/31 query...nothing has changed...