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


To: Dennis who wrote (14258)12/10/1997 1:18:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 27012
 
Dennis, re: "Man i hope intc gets going soon, I'm still in the hole big time but luckily I can afford to wait for
better times. Is this unusual for intc or is this how the stock usually acts after a great run up ??"


If you look at a chart for INTC (click on charts at the bottom of this screen, go to Intel) you will see that the stock did go sideways for much of '93 and '94, and sideways to down for parts of '95 and '96. So, even Intel doesn't go straight up. I think the phenomenon that causes it to pause/go sideways or down is usually product transition (486 - Pentium in 93 - 94; classic Pentium, Pentium MMX - Pentium II now. Kurlak has intimated he'd get bullish again on INTC when sales of Pentium II are 50% of their CPU chip sales, which he predicts will be about 6/98. Oh well.

BTW, speaking of product transitions, I don't think we have to worry about this holding the stock back in 1999 when Merced should be out. That's because Merced will coexist with Pentium II for quite a while (PII for laptops, desktops and small to medium scale workstations, Merced for medium-large workstations to medium to you-name-it servers.
If things go well with Merced, we should get a major kick in revenues and profits, starting in 1999 and really go gangbusters in 2000, 2001.

Patience, I guess, is what we need now.

The Patriots are getting hot at the right time. They had Jax down 23 - 7, what, into the fourth quarter, so the final score was not really indicative of how the game went.

Hang in there, Rhody (from the New Hampshire-ite).

Tony