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: Srini who wrote (77475)3/31/1999 1:39:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 186894
 
I have some choice words for this market all unprintable

Basically noone wants INTC in their portfolio at the end of the quarter! I guess they don't want to show the 20 point decline.

Tomorrow we will see the other side of the coin. Those who are optimistic about the earnings report and INTC's price in the second quarter adding it to their portfolios.

Meanwhile the lack of a Treasury market rally after the Fed's definitive lack of change in bias and action, and the pondering of the pundits of the increase in production coming out of the Chicago producers report (since when is an increase in manufacturing a minus for the economy!) just leaves me like a man without a beer in the middle of the desert.

Its a nice day in NY and I'm going to enjoy it.

Let them trade in their dungeons.




To: Srini who wrote (77475)3/31/1999 2:15:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
OTOT: AOL, Netscape. What really bugged me about the AOL Netscape buyout was the layoffs. First it was announced that Netscape would have to lay off 300 or so people, mentioned HR and Accounting as the dept's that would get hit most. That's a lot of personnel and accounting people for a small company. Then, it came out that Netscape would have to layoff 1,000 people. Now, you definitely are getting to technical (software, etc.) people. My question is why did Netscape get all of the dirty end of the stick? WAG tells me that Netscape, on average has the technically talented people, not AOL. Is Netscape being dismantled because they bug someone, or are in the way? If 1,000 people are let go from Netscape, I'd bet it's goodbye Netscape.

Tony



To: Srini who wrote (77475)3/31/1999 2:59:00 PM
From: The Duke of URLĀ©  Respond to of 186894
 
What a brilliant and incisive article. What this guy did is "reverse engineer" the tax transactions to get to the reasons and therefore the possible intent behind the structure of the deal, only one of which may be the desire for profit at the expense of accurate accounting. Thank you for the article.