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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: DRBES who wrote (35805)	4/15/2001 1:57:44 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

DRBES: "Richard Russel, in my judgment, is the second best market timer around. Zweig, who is BULLISH is, in my judgement, is the best. You place your bets and you hope that you are correct. In my not so humble opinion (Do see my profile on this one.), it is now more dangerous to be out of equities (provided you pick the correct choices) than it is to be in them." School is out from my vantage point until the potential bomb damage from INTC's Tuesday disclosures can be assessed...Maybe INTC will come in at $8 billion and $0.25 which will support a price in the mid $20's, but I strongly doubt it...Seems $7.5 billion (sequential revenue decline of 15%) and a $0.20 eps (sequential decline of 30% plus) are not improbable...Worst case estimates of $7 billion in revenues (i.e. a whopping 20% plus sequential revenue decline) and $0.16 eps ( a whopping 50% sequential decline), if true, and in the absence of any compelling near term positive solutions to the current negative trends, could easily result in an INTC at $20 or less, imho...