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


To: TechnoWiz who wrote (16138)1/14/1998 10:38:00 AM
From: puborectalis  Read Replies (1) | Respond to of 27012
 
What do you know..Kurlak also throws cold water on us today-still negative-not impressed-says INTC will actually have LESS capital spending this year!



To: TechnoWiz who wrote (16138)1/14/1998 11:22:00 AM
From: Sonny McWilliams  Respond to of 27012
 
Wiz, Cramer had been down on techs for some time. But his "Trading Godess" wife was starting to get bullish. I guess he was afraid to miss an upmove once Intel came out with better than ezpected earnings. Then, when Intel did not move significantly, he says once he heard the conf.call or read the press release, he must have decided on the drop of a hat to take profit immediately. I would have thought that he would sell before the opening but he could have had his order in for the opening. Trashing the way he did Intel I am sure that he could not have sold it before the opening. It would come out. Anyhow, I have stopped listening to Cramer a long time ago. You have this right. He goes with the flow and momentum. I don't even think that he looks at fundamentals. He is a big time trader. Nothing wrong with that but don't give us all this bull.

What counts is that Intel is still the most profitable co. in their sector. If this keeps up we may have to wait a cpl. more qtrs. for that trashing to stop.

The tech sector is being dragged down by all this. I hope things will improve later on. Once the shorts have recovered some, things could look up. The way those games are being played now you never know from minute to minute what's next.

Sonny