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


To: John Meares who wrote (77275)3/25/1999 9:38:00 PM
From: Paul Fiondella  Read Replies (2) | Respond to of 186894
 
I agree that today was not good

but George Soros says that if you can identify where conventional wisdom is headed with a stock, and you can find a different path to take then you can make a great deal of money.

Conventional wisdom holds that Intel will be negatively affected by the slowdown in sales of personal computers, in a quarter that normally shows a slowdown in the sales of computers. Conventional wisdom holds that this is not just a first quarter typical slowdown. Thus conventional wisdom holds that we are on the verge of the great economic slowdown that will cut the rate of growth of the tech stocks permanently. Conventional wisdom holds that the internet stocks are somehow immune to this slowdown.

If conventional wisdom is wrong then I make a lot of money.