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


To: Yaacov who wrote (131562)4/3/2001 2:13:11 PM
From: Paul Engel  Read Replies (2) | Respond to of 186894
 
Yaacov - Re: "Hello Paul, this market looks like hell but I am going to wait it out! I have some cash and want to buy INTC! I won't hold you responsilbe, but do you think we can fall to hight 10's? or this is the bottom! Just your opinion! "

I have no idea what will happen with Intel in the short term - or the overall market for that matter.

Technology Business has come to a near standstill, and every company is getting slaughtered.

Someday, this course will reverse - but I have no clue when that will occur.

I am confident that Intel will have the new products, new processes, and new manufacturing capacity to make a resurgence when the economy does turn.

And that resurgence - due to continued investment in these bad times - should propel Intel back to a more dominant position than it ever enjoyed .

Until that time, good luck to you and everyone else !

Paul