Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (43306)	10/16/2001 5:35:56 PM
From: Jim Willie CB	Respond to of 65232

proforma INTC earned a dime in Q3 project out something like 50-80 cents for next year and fair price per share might be $10-15 I see highrisk parallel between now and April/May just passed the techs treaded water for several weeks expecting a 2ndHalf Recovery that never materialized reason for patience: Fed loading on money supply and lower rates now market is "looking past the current state" just like springtime expecting 2002 Recovery sometime reason for patience: Fed loading on more money supply and even lower rates my personal take is that we have already seen the massive effect of Fed stimulus IT PREVENTED A WHOLESALE REDUCTION IN STOCKS BY 60% that is, versus winter levels of Naz 2100, Dow 10500 a recession is here, punctuated by the WTC attack on NYCity now economists are guessing as to its duration my belief is that with mindboggling excess capacity... the lower rates only help household debt, and not planned corporation resumed expansion INTC and CSCO are each well deserving of half their stock prices we denied being in a recession next we deny its duration I say until mid/late 2002 experts believe the capitulation in midSept and serious cuts in rates by 75 bpts gaurantees a V-shaped recovery show me the V stimulus averted a meltdown, nothing more now we are roughly where rates should have been all along they are not really stimulative seek out value, ignore growth go for smallcap with an idea, a concept, something in developmt the usual fare is priced for reasonable growth, 5-6 years out / jim