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

To: RetiredNow who wrote (52333)	4/7/1998 4:43:00 PM
From: Home-Run	Read Replies (1) \| Respond to of 186894

I agree with you. They should fire all their public relations people right away.

To: RetiredNow who wrote (52333)	4/7/1998 5:43:00 PM
From: RealMuLan	Respond to of 186894

Tuesday April 7, 5:06 pm Eastern Time Nasdaq drops over 30 as profit-taking continues NEW YORK, April 7 (Reuters) - The Nasdaq Composite Index closed more than 30 points lower on Tuesday after declining 26.25 points a day earlier, as investors continued to take profits from the recent run-up in high-technology stocks, traders said. The index unofficially closed down 30.48 points -- or 1.67 percent -- to 17.98.66 on volume of about 780 million shares. Decliners led advancers almost 3-to-1. ''This is only the beginning,'' one market analyst said. He predicted a further fall in the index as technology companies report first-quarter earnings hurt by Asia's financial crisis. Other investors were more optimistic. One trader said technology stocks would continue to surge and little should be inferred from the index's fall the past two days. Among the most-actives, Microsoft Corp (MSFT - news) lost 2-11/16 to 87-1/4, Sun Microsystems Inc (SUNW - news) dropped 1-1/16 to 39-5/16 and Dell Computer Corp (DELL - news) fell 2-1/8 to 63-1/8. Intel Corp (INTC - news) -- the most active Nasdaq stock -- fell 1-1/4 to 72-5/8. One technical analyst bearish on technology stocks warned if Intel falls below 68 it could drop to 55.

To: RetiredNow who wrote (52333)	4/7/1998 7:48:00 PM
From: Barry A. Watzman	Respond to of 186894

Intel will come back. They only have 5% of the server/workstation market, and that or less of the mainframe market. With Merced, they should own the server/workstation market, and make a significant penetration of the low end of the mainframe market (ooops, the "Enterprise Market"). The problem is, the PC market is a mess right now, with NO ONE making money, and it shows signs of getting worse before it gets better, if it ever does. So, I think Intel is dead money, or worse, for at least 3 months, possibly for 12-24 months. Things are too volatile for me to have a clear picture at this point. So, being 100% in cash, I put most of my money into two mutual funds last week and this week (BIGRX and VIGRX, if anyone has any opinions on these). Ooops, bad timing. REAL BAD TIMING, perhaps. Should have stayed in cash ????? So what else is new.

To: RetiredNow who wrote (52333)	4/7/1998 8:07:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 186894

re: sell this dog and put the money in Cisco: Look at where CSCO and INTC are in their 5-year PE ranges: CSCO at the top, INTC below it's usual midrange, although certainly not as cheap as in 1996. I've been watching CSCO for three years, and the only time I was willing to buy was in April 1997. Now, after a huge run-up, when every analyst has a strong buy on the stock, is exactly the wrong time to be buying. And if you bought INTC a year ago, you bought it, too, right after a big run-up. The law of reversion to the mean, an iron rule of behavior and statistics, is working against you. Being a momentum player only works if you jump in before the crowd.