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


To: John Koligman who wrote (120712)12/5/2000 5:29:56 PM
From: Hightechhooper  Read Replies (1) | Respond to of 186894
 
Here we go again...It is so damn frustrating to see SUNW heading back to $100 and INTC headed back to low 30's thanks to a couple of powerhouses like AAPL and GTW.

It is clear there will be more warnings in coming weeks so INTC will probably miss out on the market rally that began today. I am convinced, however, that INTC will really get moving beginning in Q2 so rather than try to chase the market I will bide my time and look for a final bottom on INTC between now and March. I guess that happens when it stops going down on bad news or when there are actually signs of the economy picking up.

Finally, does anyone have any idea why PC sales would fall off a cliff so suddenly? Typically when this happens a build up in demand occurs and then sales jump just as fast a quarter or two later.