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S&P 500
6,009.85
(
0.24%
)
US TECH 100
20,542.00
(
-0.11%
)
Dow Jones
44,342.95
(
0.80%
)
Brent Oil
71.64
(
-2.80%
)
Bitcoin
84,137.45
(
4.54%
)
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techcharter

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techcharter

Re: SilverSurfer post# 28094

Thursday, 08/30/2007 7:03:08 PM

Thursday, August 30, 2007 7:03:08 PM

Post# of 51872
Mr. Tell (INTC) Fairs Well

I have to disagree that INTC will fare well in the coming economic downturn. Capital expenditures have been flat top contracting. As large companies downsize and small ones close their doors, INTC will have fewer customers.

INTC share prices will take a hit along with everyone elses because this is a liquidity crunch. Fund managers will need to sell anything-everything to remain liquid, even a top quality company like INTC.

That said, I believe INTC, along with MSFT, will be extremely undervalued at the bottom of the crash and present an excellent buy and hold opportuninty. I plan to buy a boatload of shares in both companies given the opportunity.
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