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

To: Sonki who wrote (15316)	12/30/1997 5:34:00 PM
From: W. Clinton Terry	Read Replies (2) \| Respond to of 27012

Sonki: As of the week of Dec 25th, money was leaving Intel. This is only one indicator of course and the way that Intel has been behaving it is no surprise that money has been leaving. Intel may move higher during this really and the first week or two of January. The acid test, IMO, is what happens after earnings. Intel has not made its numbers the past two quarters and it may be weak for the next several quarters because of the slow down in Asia. Who knows? If it has a blowout quarter, and I have not heard anyone predicting this, it could turn the whole thing around. I am looking for much lower levels than will be reached during this rally and in January before we resume, perhaps as early as the second quarter of 1998. This is a simple and perhaps simple-minded observation based upon my perception of the world economic situation. The Asia markets will affect other markets including Europe and ourselves, perhaps not significantly, but it will affect them nevertheless. This in turn will effect bottom lines. To think that these difficulties can be solved in six months (2 quarters) is rather astounding to me, but that is what I am assuming. In any event, I think AMAT and Intc and many of the technology stocks that have lost 30-50 percent are great values for the long term and if you want to buy them now you will do well. I, however, will wait at least until most of the fourth quarter reports are out. Clinton