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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (1323)	12/7/2000 11:42:51 PM
From: Erik T	Respond to of 74559

Yeah, but INTC is trading up in A/H. Looks like a bottom might have been achieved. I suppose that is possible, but it perplexes me. If people were interested in getting the best price on Intel, do you really think they would be looking to pay more for the stock after announcing that revenue growth this quarter has stopped and may even recede? It just doesn't sit right. We all now know that PC sales growth has all but vanished. These boxes are becoming commodities and many are forecasting a price war. That cannot be good for Intel. When push comes to shove, will there be a chip price war as well. Intel is no longer so clearly making the best processors. Maybe a bottom is in, but after taking out the investment gains the stock is still pretty pricey given lack of growth. Who would be so anxious to buy the stock in after-hours today at a higher price than the regular close? I guess we will see if the price holds over the coming days/weeks. Just my thoughts, Erik

To: SouthFloridaGuy who wrote (1323)	12/8/2000 12:22:04 AM
From: Scott Bergquist	Respond to of 74559

As I stated once before, the greatest fear in the Market, is missing the next big move up. High p/e's are no cause for concern. Intel warns, but having the election concluded (a non-event, really) supersedes any financial reality. The stockmarket reminds me of going the (horse-racing) track. Each race is wagered upon, cheered or booed strictly on emotional fuel, and the next event (rotation in the Market) has little to do with the prior event. Blame the internet.