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To: Jay who wrote (78387)11/11/1998 11:32:00 PM
From: Lucretius  Read Replies (2) | Respond to of 176387
 
I use trash on all of these in a "kidding" fashion. They're all extremely overvalued and heavily shorted and a symbol of our mania (the shorts get squeezed in a 2ndary top historically and all of the worst co's make a run at new highs convincing most that happy days are here again). Check out INTC's earnings over the last couple years, then throw in their supposed great 4th qtr that they announced they're going to have. When you look at the last 3 years )including what the co's own estimates call for this year... I think you'll find something strange. This supposed growth stock has declining earnings yet it hit a new alltime high today? You might as well buy EBAY, at least they have no fundamentals to hold them back.

have fun.