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 : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Valley Girl who wrote (49707)	9/22/2000 11:35:55 AM
From: johnd	Read Replies (1) \| Respond to of 74651

RESEARCH ALERT-Chase H&Q says PC industry healthy NEW YORK, Sept 22 (Reuters) - Chase H&Q said on Friday that the personal computer industry is on track for 15-17 percent unit growth year over year, indicating ``that PC demand is healthy, but not red hot.'' -- Chase's analysis of PC demand in the European market differs from comments made on Thursday by Intel Corp. (NasdaqNM:INTC - news) whose revenue warning shook the industry. -- ``Europe has begun to show improvement,'' especially in the corporate market, analyst Walter Winnitzki said in a research note. ``We would therefore be buyers in the PC sector.'' He noted that the Chase's ``strongest picks'' are Compaq Computer Corp. (NYSE:CPQ - news), which is rated a ``strong buy,'' followed by Dell Computer Corp. (NasdaqNM:DELL - news) and Gateway Inc. (NYSE:GTW - news), both rated ``buy.'' -- While Winnitzki does not believe this will be a cause for upside in the third quarter, he said it could be more meaningful in the fourth quarter if trends continue. Shares of Intel tumbled $13-31/64 to $48 in Friday morning Nasdaq trading. -- ``While Intel had been talking about strong demand, most vendors were coming up short in making sales projections,'' Winnitzki said. ``We also point out that European demand has already been soft for the last 2-3 quarters and corporate demand was already down from the prior year. Thus we believe Intel is no longer a good coincident indicator of trends for the PC vendors.''

To: Valley Girl who wrote (49707)	9/22/2000 12:37:19 PM
From: rudedog	Read Replies (1) \| Respond to of 74651

VG - yes, I have been shopping - I bought some ATML, and had a big call position on JBL which I converted to equity. I got a boatload of INTC when I sold puts and it was put to me. Guess I should have unloaded the excess... Oh well. Have been picking up DELL Nov calls - 40s, 42.5s and 45s, also some 2002 and 2003 LEAPs. Out selling DELL Feb puts today and looking to buy Feb calls. Don't know what to do with INTC, they have screwed up so many things this year that I have no idea where they are going. Can't make chipsets that work, can't get Itanium to work, can't manage to produce enough big-dollar big-margin Xeons yet have overcapacity in the cheap stuff. Released a DOA PIII 1.13 GHz chip and had to eat it. P4 looking troubled. They appear to be coming apart at the seams. Early year entry into CIEN has paid off well so far, JDSU still a little shaky. Got some QCOM and am OK on that so far. Will be looking around today as I have some cash and no margin. What are you up to?