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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (3495)10/8/2002 9:23:28 AM
From: Sarmad Y. Hermiz  Respond to of 25522
 
>> if INTC falls to $2.00, then surely the Nasdaq would be around 300.....

Oh, I don't expect Intel to drop to 2. Not right away, anyway. Of course when I first bought 200 sh at 41, I didn't expect it to drop to 13, either. Then bought more at 30. Then 26, then 22, then 19, then at 15. My wife advises to wait to 12 for next buy. Which at this rate might be on Thursday. Or Friday, latest! Of course now I have to leave some funds for a buy at 2.



To: Proud_Infidel who wrote (3495)10/8/2002 10:28:43 AM
From: Ian@SI  Read Replies (1) | Respond to of 25522
 
Brian,

One should remember that Ralph A is a technical analyst and tends not to consider fundamentals at all. The trend supports his call. ... until it doesn't.