Intel Corp (INTC)

[usuck ani knowit]

Will history repeat itself?
Mother of all sell signals released today IMHO!
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Merrill Lynch Sees Better Valuations In Semiconductors
http://biz.yahoo.com/djus/030220/0957000522_1.html

""We believe that valuation is reasonable, if not highly attractive, while low inventory levels and low capital spending will tend to increase the industry's sensitivity to any improvement in demand," the analysts said.

Barring a sharp downturn in demand, revenue and earnings for the semiconductor companies should not decline further, Merrill Lynch said."
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Give it 2-3 days at most and watch the swan dive.
ML will be selling like mad, nothing has changed as the same old games continue to frolic.