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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (71549)10/12/1998 5:01:00 PM
From: jhg_in_kc  Respond to of 176387
 
Mr. Wu says make your peace with God and buy....this will please Martini..,<g>.
From the WSJ Online--
Chip-making giant Intel recently traded at 84 1/2, down nearly $15 a share from its Sept. 23, 1997 closing price of 99 1/8. Advanced Micro Devices, at 16 1/16, has fallen almost 50% in the past year. Micron Technology Inc. (MU) was down more than 20% from a year ago, trading at 30 1/16. And National Semiconductor Corp. (NSM) was at 8 3/8, compared with its Oct. 10, 1997 close of 42 1/8.

Those stock prices, however, will drop even further in a recession, warned ABN AMRO Inc. analyst David Wu.

"True, they have done the downsizing and the plant shutdowns," he said. "But I guarantee you, no matter how cheap those stocks are right now, they will be even cheaper."

He and other experts advise investors to buy big names, since they are the safest bets in a bad economy.

"Make your peace with God and go with your gut," Wu said. "Ask yourself if there will be a global recession next year and examine the odds. If you think there won't be one, then buy the best companies and you will do very well. If there is (a recession) big companies will eventually recover and do very well."



To: Mohan Marette who wrote (71549)10/12/1998 10:44:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 176387
 
So does that mean when we give Brazil money, they will use it in the same way Russia did; that is, to defend there currency for a whole one month. All that money is in money heaven now.

DELL was berry berry weak on the close today. The runup is over. Watch for higher openings and subsequent breakdowns as we approach October 19th.

I recall you bought in at $57. Tomorrow morning might be a good time to blowout your position and buy back at a nice 35% sale price.

Sincerely,

Puffy



To: Mohan Marette who wrote (71549)10/13/1998 9:23:00 AM
From: TigerPaw  Read Replies (2) | Respond to of 176387
 
This morning on the All things Considered radio program there were no less than two gloom and doom stories. The first was coverage of a speech by Rupert Murdock to his employees about how his media empire will stop all aquisitions and hunker down for the comming global resession. The second was a review of a book which promoted the scenario that the people of Japan will tire of low interest rates and a falling Yen, which will prompt them to pull their money out of the banks and put it in U.S. T-Bills which will lead to a collapse of the Japanese banks.

TP