Replies to post #764 on Intel Corp (INTC)

[usuck ani knowit]

The Big Picture - 6-12-18 Months:

1) Tech spending is DOA, any recovery will be SLOW, snail type SLOW; for that matter, the whole economy World wide is in the same juju. It could even get worse before it gets better, see EDS news.

2) Mature Sector - INTC and others have had their days in the sun. Time to bring valuations back to single digit growth rates. See Warren Buffet.

3) It was a Bubble, the Bubble is still in the process of going "pissssssssssssssssssss". You know how hard it is to catch that balloon flying across the room, meaning there is no telling how bad it might still get.

4) Realize that 500Mhz, 1Ghz or 4Ghz it does not make much difference. For instance people do fine on 166Mhz P1's surfing the web, Office, email. The next wave was to be broadband, VOD, VoIP but there has yet to be that killer app like MP3's or email that EVERY person has to have. No app, no service, no need to upgrade for the majority of consumers. This could go on for years, who knows for sure?

5) Repeat 1-4 for the the next 6-18 Months and possibly the next few/several years.

JMHO;
be safe, be short, be spread out long in values(if you can find them!),
be humble.