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


To: greenspirit who wrote (48720)2/24/1998 8:03:00 PM
From: Mo Chips  Read Replies (1) | Respond to of 186894
 
<<I believe you are missing the vision to see the potential of Intel's future demand.>>

Not at all, I am certain you are correct when you say "With the information economy comes the use of computers." ect...

I am more specifically applying a cautious eye towards the immediate and medium term benefits of new and/or better products to the stock price. I consider myself a hybrid long term/short term/TA based investor, I appreciate all flavors. Look at Intel's performance in '97, less then stellar. Some would say due to product transitions. Slowdowns in earnings growth has happened in the past and will occur again in the future because of this. It does seem that intel continues to fill gaps that will dampen if not remove these periods.

So when I question intel's prospects, I do it on the basis that the stock price and the medium term earnings growth are not in synch. If intel traded at $120 or $60 today, it would be definetly out of wack. I would be a seller at 120 and a buyer at 60. I am looking to tighten that range and make a little money in the process. Wouldn't it have been great to sell back in Oct when we hit 100 and then buy it back 2 months later when it hit 70? I know the cliche about hindsight, but I am not going to quit trying to learn from it.

Mo