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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: cthd who wrote (25893)6/4/2001 12:36:04 AM
From: puborectalis  Respond to of 37746
 
california quagmire.....http://www.sacbee.com/voices/news/voices05.html



To: cthd who wrote (25893)6/4/2001 1:58:34 AM
From: American Spirit  Respond to of 37746
 
"Which hopefully is negative"? That's what I love about shorts, they hope for the demise of our major corporations. Don't you feel a little ashamed wishing for economic downfall? Why not just buy a defensive stock? At this point these techs are so battered who knows if bad news will even affect them. Everything is so priced in at this point. I see the downside on INTC as 1-3 dollars a share from here. And at 25 I would load up fast. INTC is not going anywhere and makes a great longterm investment here. With teensy interest rates people must buy stocks for their retirements and savings and there's a ton of cash out there looking for an INTC in the mid twenties. Will double within 18 months probably. Maybe even sooner.