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 Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (21826)	12/10/1998 1:37:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 27012

Sonny, Re: "Maybe the market will recover later today. I looked at the volume. It looks pretty meager so the down turn does not look that bad unless Mr. Fleckenstin comes on again. CNBC used to have him on on Thursday. gg." The day the market starts listening to Fleckenstein is the day I convert everything to gold. Won't have to worry about that, though. I don't know if you've been over to the "main" thread the last 24 hours or so, but some articles came in about Intel's new 0.18 micron, but still aluminum wiring, process. It is the best anyone has, including anything copper from IBM or Motorola. We knew it would be that way, of course, but it was good to see it in technical reports. Chips in full production next year based on the new process at 500, 533 MHz and up (Katmai first). Samples are out now and benchmark dweebs (just had to say it, but I don't mean it) will be benchmarking them. Don't sell your Intel. Preaching to the choir, I know. Tony

To: Sonny McWilliams who wrote (21826)	12/10/1998 3:59:00 PM
From: greg s	Read Replies (2) \| Respond to of 27012

Hi Sonny & All: Would like your opinions on this I just ran across this. Should this report concern us INTC longs? I also asked the Intel thread for opinions. Thanks, Greg. <snip> Tony, Paul, Intel investors:more INTC news What do you folks think of this with respect to the other recent favorable reports? Still Long and along for the ride! Thanks, Greg. (from CBS Market watch) cbs.marketwatch.com. Chips crumble on growth concerns By Binti Harvey, CBS MarketWatch Last Update: 12:30 PM ET Dec 10, 1998 NewsWatch NEW YORK (CBS.MW) -- Hardware issues sold off Thursday as semiconductor optimism dissipated. The Philadelphia Semiconductor Index shed 3.3 percent. Breaking News Street hit by profit jitters Chip slip causes tech dip Ericsson warns of 1998, 1999 shortfall U.K. slashes rates half-point MCI WorldCom seen speeding up cuts More top stories... CBS MarketWatch Columns Updated: 12/10/98 3:06:46 PM ET Most chip shares traded lower as Wall Street questioned the validity of investors' exuberance in recent weeks. "Semiconductor shares were undervalued going into October, but we're concerned that the market's expectations of growth in the first half of 1999 may be dashed," said Dan Scovel, chip analyst for Fahnestock & Co. Intel (INTC) fell 2 1/4 to 116 15/16, Texas Instruments (TXN) was off 2 3/4 at 82 3/16 and Micron (MU) fell1 7/16 to 49 3/8. Equipment makers also stumbled, including Applied Materials (AMAT), off 2 at 41 7/16 and KLA-Tencor (KLAC), down 2 9/16 at 42 3/8. "Semiconductors have been on a heck of a run, up 85 percent in the past nine weeks," Scovel said. "We were with them for about a third of those gains, but after that we backed off." Given the high expectations built into current share prices, Scovel is "mostly bearish" on the group. "This month will be telling in terms of the outlook for next year," Scovel noted. Fears of slowing demand also made investors wary of computer issues. IBM (IBM) fell 2 9/16 to 166 7/8, Hewlett-Packard (HWP), 1 5/16 to 64 3/4 and Compaq (CPQ) fell 1 3/8 to 40 5/16. Binti Harvey is a reporter for CBS MarketWatch.