Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ibexx who wrote (65692)	10/1/1998 2:26:00 PM
From: Tony Viola	Respond to of 186894

Ibexx, Re: "Another day or two we should be on our way." I hope so. Also, the excess of margin calls, thanks for the info. That gives a plausible reason for practically all good tech companies', or all companies' period, stocks being down. Tony

To: Ibexx who wrote (65692)	10/1/1998 4:12:00 PM
From: Joey Smith	Read Replies (1) \| Respond to of 186894

re:Another day or two we should be on our way. I agree. Rubin said today LA not as bad as it seems and Canada says we're not going into recession. After this bottom, stocks should be moving up. Nov.-Jan. should be good months. Bought some more (i know i shouldn't but couldn't resist) INTC today in the low 80s. Expecting 90s in Nov. joey

To: Ibexx who wrote (65692)	10/1/1998 6:06:00 PM
From: Maxer	Read Replies (1) \| Respond to of 186894

Ibexx-- <<margin calls this morning>> as reason for the frantic selling. You might also add collapsing foreign economies, record MF withdrawals, lower earnings reports, huge hedge fund losses, and extremely nervous professional investors. We might be "on our way" in a day or two (a bit of a bounce) but I think that we should consider the strong possibility that we are in the worst decline in many years. I hope Intel holds up well, but October is still very young.