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There is no need to be gloomy about Intel. Like Microsoft, Intel is the
foundation of most PC's sold today- and the demand for PC's is far from over.
Further, INTC has offered new, faster chips and the industry can be considered
to be in its childhood, of not in infancy. A long way to go.
This downturn will be short lived, enough to profit from, and in the long
term, no one will be able to function without INTC (even with IBM's 1000MHz
chip announcement). I am bullish on INTC, and I will buy those LEAPs as soon
as the time comes ( about 67-68, I assume)
Girish Patel
vince wrote:
> Harley Meyer wrote:
> >
> > I might also add that the analysts that cover Intel have to sit down and
> > re-crunch some numbers, possible revisit the company to get some
>
> Looking from a technical perspective, Intel has a good head and shoulder
> pattern. Will this pattern work, I do not know. However, after reading
> all of the post on INTC I took a look at the chart. I do not follow
> stocks but this was the first thing that jumped out at me.
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