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Intel Corporation Message Board

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  • great_dell_head great_dell_head Aug 2, 2002 3:06 PM Flag

    INTC IS AN UNBELIEVABLE COMPANY

    mary:

    What a complete crock! How will buying stock from another investor help INTC or this country? What this country needs is a good and quick adjustment of the capital markets (stocks and real estate) to somewhat below their fair values, rather than a sloppy malaise that lasts for years.

    Fair value of the SPX is no higher than 700 now, and we'll probably go as much lower (on a percentage basis) as we went higher during the boom. This probably translates into a bottom at roughly 350 to 400 on the SPX. This also fits in very nicely with H/S patterns on the the long-term charts, etc.

    Sell now, or face the consequences of your stupidity.

 
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