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: Francis Chow who wrote (54983)5/2/1998 3:30:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 186894
 
Francis, Re: >"Experience can only take you so far . . . a chicken's
lifelong experience is that each morning the farmer arrives and is a certain source of food; then one morning the farmer arrives with a knife . . . "<

WHAT?$%&*&^#@!!!

I was referring to human experience. But it shows how much I have cause I didn't think I would of ever had to qualify that on a discussion thread strictly for and by human beings!

TTOSBT



To: Francis Chow who wrote (54983)5/3/1998 10:36:00 AM
From: Dale J.  Read Replies (1) | Respond to of 186894
 
re: <<a chicken's
lifelong experience is that each morning the farmer
arrives and is a certain source of food; then one
morning the farmer arrives with a knife . . . >>

Francis:

Assuming you were speaking metaphorically of the market, I agree. This market has reached unsustainable levels. The Nas is trading at a PE of 70-80. Every new high is quickly justified and any warning signs are simply dismissed.

The market has become a game of musical chairs and sadly when the music stops there isn't going to be enough chairs to sit on.

JMO

Dale

P.S. I am currently neither long nor short Intel. I am considering buying INTC if it dips again. Otherwise I'll just keep my msft.