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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Haugland who wrote (8243)11/7/1997 8:28:00 AM
From: marc chatman  Read Replies (2) | Respond to of 13456
 
INTC will be very interesting. I see two major issues: $1000 PC's and problems in Asia.

INTC is getting ready to dominate $1000 PC's with their stripped down PII coming out next year. Can't get any better than that, except the next couple of quarters may not reflect this development. As for Asia, who knows?

I would have bought INTC this week, but the trend is still down (both short and medium term as far as I can see). Also, I know INTC doesn't like to miss estimates and often guides analysts down, so I got a bit more hesitant when I heard about the conference and that it was to be on a Friday. This is total speculation, and INTC may reaffirm that everything is right with the world. So either way -- buy now or wait -- it's a crap shoot.

But in a year, you will have a nice profit from your INTC at $75.



To: Richard Haugland who wrote (8243)11/7/1997 9:54:00 AM
From: greenboy  Read Replies (1) | Respond to of 13456
 
>Bought INTC two days ago at 75 1/8< fyi, i went short fwiw. eom.