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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: JPR who wrote (14094)12/7/1997 9:06:00 AM
From: margaret tasset  Respond to of 27012
 
Good morning Paul, That post does sound better than your last one. I was very happy to see it. Intel has always done well for us, so for now I am just going to sit tight with it.

I saw an article in the local newspaper the other day that said that if you take vitamin C and E before a high fat meal that it helps prevent cholesterol build up in the arteries and accompanying damage and or heart attack or stroke.

I hope that you will have a nice day. Go INTEL********************

Health, Peace, Happiness and Prosperity to you,
Margaret
:) :) :)



To: JPR who wrote (14094)12/7/1997 10:54:00 AM
From: Stonehenge  Respond to of 27012
 
Good morning Paul. As you are aware I don't follow TA but I can't argue with your conclusion regarding "take off time for intc". If we just look at a sustainable growth rate of 20% and forward earnings of $4.25 we can easily justify $85. and probably more when the market becomes frothy.

Have a great day.



To: JPR who wrote (14094)12/7/1997 10:20:00 PM
From: blue_lotus  Read Replies (1) | Respond to of 27012
 
Hi Paul et all,

I am usually just a passive reader on this thread. But I had to come out and say that I agree with your tech. analysis completely. I actually increased my stake in intc on friday and may add some more if Moday is favarable (I am looking at a Mild buy signal at $79, with a mild sell signal at $81, and an aggresive buy signal at $82)

The 50 day moving average has almost converged to the $81.5 resistance point. So if we break $81.5 we will not only be breaking a major resistance point but also breaking above the moving average... A BUY signal.

I beleive that we are due for a raly before the holidays...Probably this week. Hopefully Monday shall build on friday's rally.

Fundamentally I still beleive the current fair value of intc to be around $120. Ofcourse, this is assuming that the 98 earnings are still around $4.23. But Intc has not indicated otherwise, though others have and have not (differing reports from differing analysts).

-Raj