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


To: greenspirit who wrote (105745)7/17/2000 3:28:48 PM
From: Paul Engel  Read Replies (2) | Respond to of 186894
 
Michael - Re: "Another ho-hum couple of billion dollar profit. Then analysts put a gloom and doom spin on the conference call and we get another buying opportunity? :)"

The Niles' and Kumar's will like Intel's earnings report and forecasts.

The Drew Peckers and Osha Joe's will extract minutiae that will indicate that Intel is days away from filing for Chapter 11 bankruptcy protection.

Recent experience suggests that mid to late August is a time when deep depression and panic sets in for the stock market and huge sell offs occur.

I will be waiting until that time (last 1 - 1 1/2 weeks of August) to do more investing.

Paul