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

To: Elmer who wrote (126358)	1/31/2001 2:50:05 PM
From: Jim McMannis	Read Replies (4) \| Respond to of 186894

RE:"Yes, maybe technically, but I think the market is using a different method of valuation now and Intel's fundamentals just don't support that kind of a climb at this time." I was just drawing a line in the sand using TA. The bigger picture is that the bear market ended on Jan 3, 2001... Fundamentally... The economy may still slow down but AG has inserted the safety net and the stockmarket anticipates at least 6 months out... Jim PS...the last Bull leg started on 11/16/94 after the FED hiked 3/4% on the discount rate...do you know why? The FED even hiked another 1/4 after that...

To: Elmer who wrote (126358)	1/31/2001 3:01:11 PM
From: Hightechhooper	Read Replies (1) \| Respond to of 186894

Elmer, After a couple days the fed euphoria will wear off and the market will not be so inclinded to look out 6 months anymore. I think after the March earnings warnings we will be OK and then INTC can move into the 40's for a while. I am going to sell calls for the next couple of months whenever the price shoots up and then in April I will wait and see what INTC has to say about Q2. Remember all those ANALysts that said "semi's don't rally on fed news they trade based on fundamentals, and the semi's will see new lows this summer...". Well, these turds will be coming out of the woodwork soon to dump on our parade. This time I am not going to let them hit me on the head!! later,