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.

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

To: Stoctrash who wrote (168668)	7/24/2002 1:40:51 AM
From: wanna_bmw	Read Replies (1) \| Respond to of 186894

stoctrash, Re: "INTC's sales suck, has zero growth and no major ramps like the last 10+ years are in sight" Just where do you get this gem of information? Last I heard, the corporate upgrade cycle was still delayed. That's why you're not seeing traditional sales levels. It's not because demand has suddenly dropped off a cliff. You have to look at things in a different perspective. Everything is related to something else. Internet traffic is still growing - exponentially - as it has for the past 5 years. It's not slowing down. Demand for cell phones continues to be strong, and more features and functionality are getting integrated. Demand for services continue to skyrocket, yet the providers of these services are down right now - Lucent had an $8 billion loss, as the collapse of Worldcom and others have left a huge void in the spending chain. In other words, multiple industries are far below normal levels, despite larger and larger demand for services. Eventually, something has to give. Somebody will take advantage of the demand, and move product sales to satisfy it. That will percolate down the chain, and soon all the sectors that are behind get filled, and the pipeline is functional again. This may not happen for a long time, but you are a fool if you think it will never happen. Intel is probably the single most prepared company on Earth to take advantage of a resurgence in demand. Sales suck now, but growth potential is amazing - not just in the microprocessor market, but in flash, networking, and mobile communications. Intel also has some exciting products to come out over the next year, which may have a short term impact. You are simply confusing Intel's stock price as being related to their performance, rather than being related to the general pessimism that the entire market is sharing. Look around. Nearly everything is undervalued. Investors are shaken due to corporate scandals and uncertain futures, and bears like yourself can't understand that this is only temporary. Soon, you will fall into the same trap that the bulls fell into right before the bubble burst, because your sense of fundamentals is as screwed up as theirs was. I hope you have enough cash to cover your short positions, because as soon as the market is ready to capitulate, there should be a major correction soon afterward. wbmw