Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : AMD:News, Press Releases and Information Only! -- Ignore unavailable to you. Want to Upgrade?

To: Investor A who wrote (2990)	12/18/1997 3:06:00 PM
From: Ali Chen	Read Replies (2) \| Respond to of 6843

Fuchi, what a terrible day! I am totally demoralized:-) Few months ago I have predicted Intel stock at $68 at year end based on earning estimation of 0.85x4=$3.40. And what is happening? Intel just barely hit $68 and now it is at $68.50!!:-)) What a terrible miscalculations on my part....:-) Best regards, Ali

To: Investor A who wrote (2990)	12/20/1997 12:51:00 AM
From: Willie Lew	Read Replies (2) \| Respond to of 6843

Investor A, Are you really being realistic here? INTC sell more products than just Microprocessors... Judge it yourself from the profile that I got from Baseline (research)...My opinion is Long long long and it seems that the negative momentum is slowing down at $67. In addition just take a look at the volume today..over 27Million compared to an average of 17Million and it is up 7/8 meaning their is strong support at about $67 - $70. INTC has not moved too much from that $70 point for the last few days without bouncing back already. My conclusion is that downward momentum is shrinking. But this stock is still very much violate because of the Asian crisis. I am not an expert and nobody can say they are either. If anyone is an expert then they wouldn't be here??? I would like to see INTC buy more shares back just like what GE, IBM did. Here's what they do from Baseline (research) -------------------------------------------------------------- Intel is the world's #1 maker of microprocessors, with 90% of the market. Its microprocessors -- including the Pentium -- have been providing the brains for IBM-compatible PCs since 1981. The company also makes computer flash-memory chips, microcontrollers, networking products, and videoconferencing systems. In an effort to move into the graphics chips market, Intel agreed to acquire Chips & Technology. Intel continues to expand and upgrade its products and facilities to maintain its dominance over rival chip makers such as Cyrix and Advanced Micro Devices. The company has plants in Ireland, Israel, Malaysia, the Philippines, and the US. Nearly 60% of its sales are outside the US. ----------------------------------------------------------------- >> With the book value of $10.44 and second-class x86 technology, INTC has a LONG LONG way to fall. BUY LOW SELL HIGH should be right with any stock. INTC should not be treated differently. At 60+, INTC is overpriced by 50. At the current price, it is good to SELL HIGH. Buy it low when it crashes to low 20s.