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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Process Boy who wrote (88736)9/23/1999 4:09:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 186894
 
only 27 pts on the downside to test my resistance level at $50



To: Process Boy who wrote (88736)9/23/1999 4:19:00 PM
From: Tony Viola  Read Replies (4) | Respond to of 186894
 
PB, re CNBC, I just caught a Nasdaq wrapup by the Nasdaq guy, whatever his name is. He said Drew Peck made comments that Intel and some others, Altera mentioned for sure, would not fully recover from effects of the Taiwan earthquake for one to two months. With Intel, they talked motherboards. Altera is fabless, I guess, and relies on the Taiwan foundries to make their chips.

The other hammer today was Ballmer of Microsoft saying tech stocks were overpriced. Thanks, Steve. Back to Intel, I guess we'll hear it all unwind about mobos, and also chipsets as Paul pointed out.

Tony