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


To: Road Walker who wrote (121291)12/8/2000 9:14:42 AM
From: michael97123  Respond to of 186894
 
"And yes, I agree that the future looks better than the present for Intel. Accumulate is a good word, so is "average
in", I wouldn't try to say this is the bottom. I haven't been real good at finding a bottom, I think I called five of the last zero bottoms."

ME too! And even if 2500 area turns out to be a bottom for nasdaq and 31 for intc, we should not expect a rapid rise up. It would be nice to finish the year at 3200/38. The more sustained rises in stock prices will come when there is some proof that the recession occurred as a warning from consumers and investors on Thanksgiving weekend to Greenspan, the politicians and Wall Street. I dont think it was a coincidence that there was a buyers strike for goods, stocks and the bs about the election. All are being settled in the favor of promoting a robust economy. Stocks on sale, goods on sale, election settled?? yields the recession that never was followed soon by the expansion that noone now expects.
PS Watch the analysts jump back on board as intc climbs back up. How stupid they are. Even when they get it somewhat right like (JJ), albeit for the wrong reasons, they still dont understand that they should be raising not lowering their ratings.