Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Tony Viola who wrote (104629)	6/20/2000 10:53:00 AM
From: Elmer	Respond to of 186894

Re: "Too hot?" Waaaaay too hot. EP

To: Tony Viola who wrote (104629)	6/20/2000 2:07:00 PM
From: Burt Masnick	Read Replies (1) \| Respond to of 186894

Tony, the price move in INTC has been swift and powerful. I find it hard to credit to the announcement of a moderate expansion of the Irish facility. Intel is getting within shouting distance of both a strong resistance level and a new high. I am hoping that some of the buying is from folks who know something about the current quarter. I think I read somewhere that Intel is sold out for the third quarter already. THAT, coupled with the release of a conventional RAM chip set, spells good news to me. Perhaps I'm overly optismistic, but I'm predicting stronger than anticipated Q2 earnings in about 3 weeks. Strikes me that Q3 seeing Willy, Itanium, strong earnings momentum and the continuation of a sold out factory, coupled with undisputed growth of the server/portable markets and perhaps some visibility into the level of success of the subventures ought to create a powerful drumbeat of up moves. All of this dependent on a market that doesn't fold or a fed that doesn't go bonkers. Good investing, Burt