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

To: Jay who wrote (63696)8/31/1998 11:47:00 PM
From: Paul Engel  Respond to of 186894
 
Jay - Re: "companies like CYMI, UTEK ..."

These are Semi equipment manufacturers.

Their business is collectively in the toilet - a severe slow down in semi sales as well as chronic over capacity.

These stocks may not recover for a long, long time - perhaps a year or more.

Paul



To: Jay who wrote (63696)8/31/1998 11:52:00 PM
From: Gary G. Withrow  Respond to of 186894
 
Thread,
To put this pullback in perspective, Bill Gates net worth dropped 4.5 Gigabucks today. Hell, I'm only down about 100k for the whole month. I ought to feel real good. Considering that I went long on Intel at 29 and change, I don't feel too bad. But my Jan 99 90 contracts aren't looking too good at the moment.

Cheers

Gary


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