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

To: saju chacko who wrote (61456)	7/30/1998 9:16:00 AM
From: Harry A. Smith	Read Replies (2) \| Respond to of 186894

"why would you say something like that?" Intel is no longer the company that most investors assume that it is. The days of heady youthful innovation are gone. The company is now yet another global behemoth more concerned with managing the price of its stock than honestly managing its core business. What you have is a company that sold its soul to stock analysts( albeit, it's not the only one), hence earning upside pre-announcements, billion dollar stock buybacks following bad news, and of course, not being forthright is what is considered norm now. It's a disease, that even affects its employees. So it can't be cured. "n my opinion the standard is INTC.... and the business plan has been proven..." You mean the planned gradualism that Intel parcels out? That can't last forever, you are getting marginal performance increase with higher clock speed in the real world at lower incremental cost. Eventually increase in clock speed equals zero performance increase at zero premium. "btw, my family in India isn't exactly upper class they are the working class and they are just getting exposed to the pc as a daily use tool..... guess what part percent of the Indian population the working middle class represents.... The problem is that you're "counting your chickens before they hatch". But this is the type of reasoning that passes for stock analysis during Bull Markets - straight line extrapolation.