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


To: Chris who wrote (19666)5/31/1998 3:32:00 PM
From: Sonki  Read Replies (2) | Respond to of 27012
 
chris, there is too much manipulations, u r right market as a whole looks sick. only thing good is utilities and these consumer non-durable will make mony. But without inflation, how can they increase the price of toothpaste and cereal? they will spend more money on Advertisements and thus less profit.

back to intel. i m not going to rush right in and go long. do u study intel chart? do u see it going to 62? or do u think it will find a strong support at 70?
i will wait for the drop and change in direction.
i have hedged 2/3 of my intel postion for a very long time.

chris,
intel sells celron for $75. Merced chips will be sold for $750
i could be off on my numbers but these are the kinds of numbers we are talking about. Nothing can be so good for a long term investor as bad news. Someone please correct my numbers.

I have already hedged my dell quite a bit. based on your comments and ofcourse i happened to agree... dell was running way ahead of it's fundmentals. i sold out of dell before the earning in the ira.
heged the part of the non ira accounts as M.Dell was speaking on cnbc.
the other part was hedge after our private conv. thx. still there is a part that is not hedged at all.

chris, i must congratulate on you again on your work. I m impressed everyday. i hope u r making a carrear out of this. i also saw css buy list.