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imho

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imho

Re: The Duke of URL post# 15768

Friday, 02/11/2005 6:56:11 PM

Friday, February 11, 2005 6:56:11 PM

Post# of 151689
Duke,

Is there some current news about Intel?

The only thing I can think of is that Intel at around 24 is in the midst of breaking its 50 and 200 day moving averages to the plus side. I am not a technician or anything, but just noticing this chart:

http://finance.yahoo.com/q/ta?s=INTC&t=1y&l=on&z=m&q=l&p=m50,m200&a=&c=

This in combination with what I believe to be the resumption of the earnings and revenue growth that stalled after 2000, is very bullish in my opinion. I mean, 2004 was a record year in revs and earnings, if you disparage the 3.5+ billion in earnings in 2000 due to investment in the stock market. It has taken 3+ years of solid improvements from 2001 to get to this point and barring any industry slowdown the likes we only saw in 2001, this may be a good time to buy.

IMHO


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