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


To: Joey Smith who wrote (110591)9/21/2000 6:17:34 PM
From: Jim McMannis  Respond to of 186894
 
RE:"Jim, i sure wouldnt want to ask you with your timing on Intel purchases (just kidding). So, what do you think? $45-$50 trading range for about a month, before loading the car in late October!! I'm in it for the long haul, so this doesnt bother me. Just allows me to accumulate more shares."

I believe I'm drifting back under even right about now...
OTOH, I have no where near the shares some here do.

I think the whole problem with Intel will be the roach effect. Some investors will want to see a good quarter before commiting big money. Two consequtive misses and it's half or less. 30s...
So maybe you are right...40s, low 50s for a while.
And the Nasdaq and Dow get real skitterish...
The "r" word will loom tomorrow...

Jim