SI
SI
discoversearch

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: StockMan who wrote (38316)10/29/1997 5:23:00 PM
From: Andrew Vargas  Respond to of 186894
 
Good News: From Briefing.com
Semiconductor Industry Association: group calls 1997 a year of recovery for the industry; puts 1997 sales growth at 5.5% to $139.1 billion (worldwide); puts '98 sales growth at 17% to $162.6 bln; expects double-digit growth through 2000, fueled in part by a significant rebound in the DRAM market; expects sales to top $232 bln by the start of 2000....



To: StockMan who wrote (38316)10/29/1997 5:28:00 PM
From: MONACO  Respond to of 186894
 
INTEL commented on this report at 3:37 yesterday, before the markets
closed. Markets had 20 minutes to react and didn't[stock went higher]. That's yesterday Tuesday...M
biz.yahoo.com

I feel we were in this same situation in the beginning of 1996,Intel hit 50 and the analyst said it was going to 40, it responded by going to 154 and splitting. Call me naive but patience is a virtue,the world needs computers,and INTEL will be there "inside"!...M



To: StockMan who wrote (38316)10/29/1997 5:44:00 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
Stockman,

Agree to disagree. Just get irritated when airhead reporters make news not report it.

John



To: StockMan who wrote (38316)10/29/1997 5:54:00 PM
From: Barry Grossman  Read Replies (1) | Respond to of 186894
 
John,

Did you consider the possibility that Bruce Francis was both right and wrong? He may have been told of some short term INTC stock repurchases but apparantly didn't realize that the purchases should not be considered new news as they are part of an ongoing, previously reported, stock purchase plan. His mistake, and his producer's mistake, was in verification of his "news".

Actually, I don't like to defend the media when mistakes are made, but this could have been a mistake. I'm not surprised with Mr. Francis as I have always felt that his reporting lacks deep understanding of what he was reporting. Very superfical reporting normally.

Barry



To: StockMan who wrote (38316)10/30/1997 9:31:00 AM
From: rpsev  Respond to of 186894
 
Stockman do ya think some are on Bruce because they were short. How does an upgrade and downgrade on like MRK on the same day by different brokage houses compare ??

I consider the frequency and divergence of recommendations of
stocks which effect the financial markets as more then noteworthy.

As far as Bruces 'error' I would say it's much to do about nothing in the world of bad information.

BTW I'm am a fan of CNBC , they ALL are delivering a first rate
financial info show.

Bob