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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (17967)9/6/2001 5:29:16 PM
From: Paul Shread  Respond to of 52237
 
The real surprise the last couple of weeks is that the market has sold off when given good news (NAPM for starters). I think it's the economy, stupid: the consumer's caving and the services sector is slipping into recession for the first time since at least the 1970s. It's spreading, and it's not about tech and manufacturing anymore, IMHO.



To: The Freep who wrote (17967)9/6/2001 5:55:51 PM
From: Paul Shread  Respond to of 52237
 
Intel (INTC) 26.10 -1.37: -- Update -- On call, company maintains $7.5 bln cap-ex budget for 2001; will hold off on 2002 guidance until January. Briefing.com sees this as good and bad for chip equipment makers as maintaining 01 is great, but no guidance whatsoever for 02 is a somewhat of a concern considering it's already September...stock at 26.47.

briefing


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