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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Joe S Pack who wrote (33423)	9/22/2000 12:41:59 AM
From: SpecialK	Respond to of 50167

Nat, excellent historic perspective. My memory on Intel is the stock runs up to 125-150, then splits, and is 75. It ALWAYS pulls back from 75 to between 45-55, very predictable. Then it takes half a year to a year of basing between the 50-75 range, then follows up to the 100s, announces a split and ends up near 150 at the time of the split to be 75 again and the cycle repeats. Expecting Intel to go to 42? I doubt it. They will miss revenues by 3-5%, they also said 100M more in Interest income. Honestly, I don't like this financial gains vs. the income on real revenue. But it's possible that earnings estimates only need to come down a penny or two. Intel has gapped down many times on warnings/ results. They do not bounce back the same day, but they ALWAYS close the gap. 3 weeks from now, estimates will be lower. They will beat and give a positive outlook and all of this will be forgotten quicker than you can say, "those lying, cheating bastards". They want your stocks on the cheap. Any stock that is down 10% tomorrow because of Intel, but has already stated confidence in their numbers, will bounce back very quickly. Tomorrow is the buying opportunity for the next month. Stocks have already come down, since the beginning of September. Tomorrow is the capitulation of the downtrend. Good luck to all.