SI
SI
discoversearch

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: Amy J who wrote (109413)9/7/2000 11:15:19 AM
From: Felix Appolonia  Read Replies (1) | Respond to of 186894
 
<If my cash position were higher, I would have already been
buying on a series of 3 or 4 dips: x (at today's price), x (63 to 60), 3x (if it hit
59), and then a large leverage with leaps or 5x (if <56, lowest probability). >

Amy, thanks for the feedback. Sounds like a good buy strategy but does not look like we are going down today as it opened at 68 11/16. Too many opinions out there about PC demand, analysts opinions, etc. Here is some information from IDC for you and the thread:

cbs.marketwatch.com Report

IDC predicts strong PC demand

By Janet Haney, CBS.MarketWatch.com
Last Update: 10:49 AM ET Sep 7, 2000
NewsWatch
Latest headlines

NEW YORK (CBS.MW) - Computer-related stocks shot forward
encouraged by words from research firm IDC.

The Goldman Sachs Computer Hardware Index ($GHA: news, msgs)
rose 2.1 percent.

Framingham,
Mass.-based IDC
said unit volume for
the worldwide PC
market should climb
to 33.4 million in the
third quarter, a 18.5
percent jump from
the year-ago period.

"The consumer market will once again propel global PC growth this
quarter," said Bruce Stephen, IDC group vice president for Worldwide
Personal Systems research. "Consumer demand for PCs is especially
strong in Asian markets, and U.S. home PC volume is expected to
improve based on back-to-school sales."

The upcoming holiday selling season is also traditionally a robust time for
PC manufacturers. Companies that may benefit from back-to-school and
holiday sales include Apple Computer (AAPL: news, msgs), IBM (IBM:
news, msgs), Hewlett-Packard (HWP: news, msgs), Compaq (CPQ:
news, msgs) and Dell (DELL: news, msgs).

Apple shares leapt $2.56 to $61 in recent trading, and Compaq was
higher by 69 cents to $32.06.

Janet Haney is a reporter for CBS.MarketWatch.com.