I hope no one is holding Intel stock!

[AndrewR]

Wow, talk about a bursting bubble. Downgraded to hold from buy yesterday by a prominent analyst, and it's down $2 today (to 33) -- ouch!

AMD is up a tad though.

 

[ArkAoss]

ohh boy, time to start brushing up on my carpentry skills.

 

[tontod]

Heh, sold mine about a couple of weeks ago when it had gone up to 38, had bought it at 35.

 

[yakko]

Who is Intel?

 

[Total Refected Power]

Just about any big-cap stock is way down. Buy now for the long term.

 

[vi edit]

It's sort of nice really. A lot of these nice big-cap stocks are "on sale", if you have the $$ now, you could make some pretty nice cash in the future

 

[NikPreviousAcct]

My mom has 200 shares. Looks like she's out ....NOTHING. They were given to her earlier this year when the stock was ~45.

Hmm... can't get much worse, now can it!?

 

[ToBeMe]

I believe I'll be hanging on to mine........unloaded half last Summer and made a nice return.......you can bet it'll be back up again too! 33 doesn't worry me a bit.....hell, 23 wouldn't worry me! Intel is to diverse to worry about this. The stocks whom are just in there with one product, one direction, now those I would worry about.......

 

[jyrixx]

that sucks. intel is an awesome company. oh well, guess you'll have this.

 

[fdiskboy]

Jiminy. Ignore these bargain prices at your peril. You'll kick yourself later. The market will rebound at some point, maybe five years who knows. But 100% gain over 5 years averages to 20% a year (roughly)--it'll happen trust me.

 

[JellyBaby]

But netburst makes my internet go faster!

 

[HKSturboKID]

All I can say is



All my positions are down.

 

[HomerSapien]

Oh no, what shall we do. Come on you guys, the stock market always does this.

 

[Heifetz]

If you have money that you can use to invest for a period of 2 - 4 years, then right now is good as ever to invest in some of the big tech companies that have been hard hit. Companies like Microsoft, Intel, Sun, Cisco, IBM. Microsoft's revenues and earnings will eat anything other companies for lunch. Sure there is going to be a slowdown in pc growth, its inevitable as the number of households that have pcs will reach a saturation. And also Microsoft might have problems with the whole breakup fiasco, but don't think for a minute, Gates and his gang don't have plans to exploit other markets to keep up the revenue and earnings growth (can you say XBOX?) The problem with the market right now is partly economical but mostly psycological. Theres mass pessimism in the market right now, especially in the tech sector. As Greenspan put it nicely, the biggest contributer and the most unpredicatible factor in the cause of recession is the non-rational behavior by people. No doubt in my mind that these big blue chip tech companies will be able to bounce back in a year or two.



Heifetz

 

[AndrewR]

Looks like Intel is back on the plus side for today. I just saw a $2 drop within two hours of opening, and I was rather taken aback.

 

[Midnight Rambler]

Semis in general were up today. And you have far more potential in the big cap techs like someone mentioned previously. One of the main reasons for this is that these big caps are part of the major indices. Intel, for example, is in three major indices (at least). There are literally hundreds of funds out there that are based on these indices, thereby requiring the fund managers to hold these stocks in the funds.