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

To: bambs who wrote (155684)	1/16/2002 10:10:35 AM
From: Joseph Pareti	Respond to of 186894

re This is about INTC being a bubble stock i bet you you are the kind of guy who said 2 years ago that yhoo at 1000 bucks was a stealth.

To: bambs who wrote (155684)	1/16/2002 10:22:04 AM
From: willcousa	Respond to of 186894

However you wish to justify a proper price for a particular stock the fact remains that the market said certain tech stocks were worth a lot more last Friday than they are worth today. And intel, which is being credited for the downturn in tech and tech equipment stocks met or exceeded (or from your point of view nearly met) earnings and from my point of view met a reasonable capex.

To: bambs who wrote (155684)	1/16/2002 10:27:56 AM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

From: bambs Thursday, Jan 10, 2002 2:11 AM View Replies (2) \| Respond to of 13531 nice post John. I was just doing some back reading. BTW...I'm short tech huge now...opened some shorts around Dec 6 and added yesterday. I am trying to be very patient...these are my shorts for the first half of the year. I don't plan on covering until we at least test the lows from Sept and I see some major Chapter 11's in the tech sector. I am also still long a pile of gold and silver stocks. I have had nearly 100% of my investment funds in gold and silver for over a year now. I've very pleased. I am now just shorted tech with margin off my gold stocks...which I will not be selling for years to come. I will just continue to trade with margin off my core positions. anyhow, I just thought I would drop you a line to say hello ...and say hello to this board Message 16887624 Wasn't it Marc Anthony who said, "The evil that men do in their lives lives after them". ??

To: bambs who wrote (155684)	1/16/2002 5:18:40 PM
From: brushwud	Respond to of 186894

IMHO. expected 60 cents in real solid earnings for this year is optimistic. I mean GAAP earnings. I also think that the growth rate from the 60 cent mark will be very modest if at all. Given the state of the world economy and the american consumer...I would think that a forward p/e of 20 would be a fair risk level for the average investor. 60 cents, p/e of 20, $12 stock. I agree with most of what you say, but in 2002, Intel's GAAP earnings will more closely approximate their "pro forma" earnings because of those accounting rule changes which eliminate the amortization of goodwill. Instead, the $6 billion or so will just sit there, undigested, on the balance sheet, until some CEO or CFO change, when they'll pass extraordinary chunks found to be "impaired".