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


To: John F. Dowd who wrote (89167)10/1/1999 12:33:00 AM
From: Jacques Newey  Respond to of 186894
 
John F. Dowd - Re:"This is the very thing that this irrational market keeps worrying about. If you have no earnings but a great "model" there is no limit too how high the stock will go. If you have no product this is even more attractive and therefore a greater threat to the likes of INTC who are bounded on the upside by earnings and unbounded on the downside by imaginary threats such as these."

Nice Post. Well said. My sentiments exactly. At times like these I like to remind myself of what Ben Graham said many years ago:"In the short term the market is a voting machine, in the long term it is a weighing machine"

All the best.

Very long on Intel.