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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: KeepItSimple who wrote (46196)3/7/2000 1:43:00 PM
From: Lee Lichterman III  Respond to of 94695
 
regarding INTC, I heard on CNN that INTC is going to announce their own 1 Gig chip tomorrow. You just have to disregard that man behind the curtain selling all the "old" pentium chips that they were planning on selling for a few more months until AMD forced them to accelerate their rollout and lose all the ASPs. These traders are nuts.

On the other hand, I am getting real tempted to buy this DOW dip. Some of these stocks are going to have PE ratios of one if this keeps up. <ggg> MCD at 30, JNJ 67, MRK 53, DD a PE of 7? Guess I better ignore these and buy some more rapeme.com

Good Luck,

Lee