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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: califjk who wrote (1526)12/13/1997 8:16:00 PM
From: Intel Trader  Read Replies (2) | Respond to of 11051
 
Well guys, Berney is the DUDE of all times.

His concerns re 'tax loss/year-end selling' were as right as could be. We have only a few trading days left before end of this year.

Just to speak for my self, and using Bob Brinker (Money Talk host comes on the net at 1500 Central Std Time Saturdays and Sundays at: kiro710.com ) as a basis for my thoughts:

a. COMPQ will continue to lag the rest of the market.
b. Babies were definitely thrown out with the bath water this last week, bottom fishers may move in.
c. Tax related selling/Asia uncertainty is driving things nuts.
d. Look for continuation of c.
e. INTC has a few things going for them, but the sub-1000 PC market is an Achilles heel for them.
f. Don't know how low INTC will get over the near term, but it may turn up around the beginning of Q2 next year (hence I'm still an 'investor').

Here's wishing the very best to all the amigo dudes,

it