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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Engel who wrote (42986)12/21/1997 2:54:00 AM
From: Yaacov  Read Replies (2) | Respond to of 186894
 
Yaacov - Re: "..could you read the part of the article---

Great post. Thank you. Do you think United States will get invloved
in helping out some of these countries!! President Clinton has been
very vague about US invovment. My thoughts are that if this crisis
get close to melt down, US and maybe the European Community may put
together a sort of Marshall Plan for Asia. Again, not help Korean
youth by Heremes Kellies and Patek Phillip watches, but to the best
interest of the rest of the world. Any thoughts?

Kind regards,

Yaacov



To: Paul Engel who wrote (42986)12/21/1997 12:31:00 PM
From: Dennis  Read Replies (4) | Respond to of 186894
 
Paul and All, IBD article

IBD article dated Saturday, Dec. 22. Page A3. Any thoughts ???

Man, this article scares the HELL out of me because I have to agree with it.

Very bearish for those who do not get IBD. Intc trading in the 40's
soon because of 1. lack of follow through on breakouts, 2. failure to rally from sell-off lows, 3. Running into overhead price resistance, 4. Breaking down from earlier price support levels.

Ralph Acampora looks for 20% correction in market sometime next year. Andrew Addison, Stan Weinstein bearish outlook for intc.

Yes, I know. Another trash story from more "experts" but one point cannot be overlooked..... growth has slowed in the past four quarters from 118 to 116 to 56 to 19%. Next quarter should be around 16%.

Very bearish for msft and cpq also. :o(

Is this normal when intc has a product transition ??

I would just as soon sell now and buy back in a few months and avoid the decline as much as possible.

HELP,

Dennis

BTW, Happy Holidays. :o)



To: Paul Engel who wrote (42986)12/21/1997 9:05:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Paul, re: "It will be a bloody nightmare for everyone." "If it is the article about the effects of S.E. Asia, then my comment is that if Intel is effected - every business in the world will be effected."

I agree that technology has been and will be the growth engine for the US economy. I disagree that Asia will be a catalyst to a world wide (and US) signifcant economic recession.

Paul, IMHO, the recent change to a real global economy is a mixed blessing, it is certain that a problem in one part of the world creates problems elsewhere. On the other hand, problems in one part of the world can and will be offset by strength in other markets, which should create a more balanced growth that discourages recession.

If you believe, on the other side, that a recession in any important market in the world, in this new economy will create recession for significant trading partners, then we certainly have a problem that is not limited to the technology sector, but is a basic defect of the current evolution of the world economy.

Also, it could be that the Asian "crisis" is a little over-played by the media, not a first.

John