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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (28100)	1/22/2006 11:11:23 PM
From: Return to Sender	Respond to of 95572

On INTC Don don't overlook the fact that there has been an awful lot of heavy down volume. While the stock could begin a bounce at any time it should be expected that it will head yet lower until the RSI on the weekly reaches previous lows along with the stochastics: stockcharts.com[w,a]waclyiay[df][pb20!b50!b200!d20,2!i!a!a20.30!f][vc60][iUb14!Lp14,3,3]&pref=G We might not get more than a dead cat bounce on INTC until the weekly chart says oversold too. JMHO, RtS

To: Donald Wennerstrom who wrote (28100)	1/22/2006 11:37:59 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 95572

>> looking at INTC very closely. Don, I looked, then took a deep plunge on Friday. As you point out, there has not been a bounce. I'm counting on a recovery to about 25. That would still leave it at a big discount (P/E) relative to any other chip stock, such as altera, xylinx, lattice, maxim, amd, etc.... P/E on INTC is about 15. And the stock is extremely over-sold. And future earnings will exceed past earnings (y/y). So why did institutions sell 650 m INTC shares in 3 days ? Because they are run by the same morons who sold seagate down to 14, while quarterly earnings were running at 55c/sh and the p/e was at 7. Sarmad