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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (21302)12/1/2000 9:19:31 AM
From: Ex-INTCfan  Read Replies (4) | Respond to of 65232
 
This lack of posting activity this morning is strange -- good omen or bad? eom



To: Venkie who wrote (21302)12/1/2000 9:28:21 AM
From: locke_1  Respond to of 65232
 
Hi Venkie,

Would be a good test of whether we have hit the bottom though. If an analyst had cut estimates pretty much any time in the last few weeks, INTC would have dropped 5-10%. Now, it is just being shrugged off - INTC is even up right now at 38 1/8. Of course I want to see what the reaction would be during the day, but it is encouraging nonetheless...

Regards as always....



To: Venkie who wrote (21302)12/1/2000 9:29:38 AM
From: GrillSgt  Read Replies (1) | Respond to of 65232
 
Watch Drugs

Weakness will be a sign of rotation into tech. Rmbs didn't blink in premarket as Intc numbers cut. Big day for Rmbs



To: Venkie who wrote (21302)12/1/2000 2:53:30 PM
From: freeus  Read Replies (1) | Respond to of 65232
 
I bought some too. Bought not sure the cut in estimates is accurate...wasn't it made by some analyst?
Freeus