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: John Lacelle who wrote (106437)	7/31/2000 4:22:15 PM
From: GVTucker	Respond to of 186894

John, RE: Five years ago, I looked at DELL, and QCOM for a serious long term investment. But both of them had P/E ratio that looked like overblown hype. For QCOM that is true, but for all of 1995, DELL's PE was mostly between 10 and 20, hardly the neighborhood of overblown hype.

To: John Lacelle who wrote (106437)	8/1/2000 12:36:37 AM
From: Brandon	Read Replies (2) \| Respond to of 186894

There was a difference a few years ago, mainly that it was the start of a great bull market and all of the signs where there. All of the signs remained until the Fed Started to raise rates at which point we had a fundamental change. Now stocks are starting to break support, a technical change. When the fundamentals and the technicals line up you usually have a frieght train. While I dont see INTC selling at 13 any time soon it could easily pull back to levels between 21 and 34ish. Other stocks look as bad if not worse, if I was a betting type of a person I would say CMGI will be a $10 or less at some point and others look worse. You cant confuse the situation 4 or 5 years ago with what it is today, it was a totally different animal then. I dont think the world will end any time soon or that we will have a global financial meltdown, but I do suspect a 1/3 to 1/2 haircut is in order for the Nasdaq with in the next 18 months. Brandon