SI
SI
discoversearch

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 Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Hal Butler who wrote (44855)1/12/1998 2:52:00 PM
From: Jim McMannis  Read Replies (2) | Respond to of 186894
 
Hal,
RE: "earning estimate: .96"
Let's see. Concensus is .90 and Kurlack says .86 and the stock is up 3. Something very fishy going on. If Kurlack did say .86 than 69 might have been the bottom. Anything over .86 would be good, IMHO. I'll take a stab and say $.92....and that ML is already buying up shares...
or someone is beating them to it.
Anyone else want to take a stab?
Jim



To: Hal Butler who wrote (44855)1/12/1998 3:45:00 PM
From: carl a. mehr  Read Replies (2) | Respond to of 186894
 
Hal and all,
Good to hear from you again. I like your earnings projections.

Humble carl is going to speak. Will everybody listen?

The so called Asian Flu is the best thing that ever happened. When countries peg their currency to the dollar they deserve what they get. They must live and learn. They don't seen to learn. If their respective governments can't make good on the exchange rate, they are up to 'creek without a paddle'. How many thinks that the Hong Kong currency will not be devaluated? When a condominium in San Diego cost $100,000 and the equivalent in Hong Kong cost 1 or 2 million dollars, then you know that there is something wrong. So does anyone want to bet against me when I say that 'without a shadow of a doubt' the Hong Kong currency will be devalued? IMF will not help out the 'idiots' that will not devalue or let their currencies float.


Countries never seem to learn. In 1982 I was in Venezuela, and the exchange rate was 4 bolivers to a dollar. The government didn't have any dollar so the turistas got 12 bolivars on the open market. Soviet Union in 1988 gave .6 rubles per dollar, but the waiters gave me 3 rubles per dollar. That was 5 times as much! Mexico a couple of years ago had their pesos tied to the dollar. Countries all over the world get in trouble when they artificially peg their currency to the dollar, and they learn to let their currency float or at least adjust it. Adjusting it only works for a while. Brasil had their problems and they learned. Argentina has a good lesson coming. Soros would not be able to make a killing on currencies, if these idiots were not pegging their currencies to some other world currency!
humble carl has spoken

Oh when will they ever learn, oh when will they ever learn?
piously humble carl