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


To: Tenchusatsu who wrote (95667)1/11/2000 2:33:00 PM
From: Saturn V  Respond to of 186894
 
Ref - Michael Burke quote
"They [Intel] are fumbling around in Sunnyvale and don't know what they are doing, which, if I remember my days of playing tennis and wrestling kids from Sunnyvale area high schools, that is kind of the way they always are over there."

Michael Burke bases his investment advice on his gut feel. Then he walks to the neighborhood Costco to look at PC's on displays, and looks for anything to justify his predrawn conclusions. He will ignore any news or any information which runs counter to his conclusion, and only latch on to information on which he can put his own spin. And as you noted, he does not even know where Intel is located.

He did the exact same thing a year ago, forecasting doom for Intel, and again implemented his ` put strategy'. I wish he would have the gumption to short Intel, which would boost the Intel Stock price, and empty the wallets of Michael Burke and his followers. Luckily for his followers he is too chicken for that.

However I share his concerns about the Internet madness, and asset inflation. He may be OK on energy stocks. But on Intel he is a dead zero!