Replies to post #1400 on Intel Corp (INTC)

[fowler]

WBMW,

re: R. Acampora That's just my opinion.

Mine as well. His comment reminds me of the ultra bull analysts at the top of the Internet craze, saying Stupid.com would go to $1000. Only now it's the reverse, everything is going to zero.

The thing you left out of your analysis is that semiconductors are much more cyclical than the other companies you mentioned. And we are <hope on> near the bottom of the cycle <hope off>.

John

[usuck ani knowit]

<<<Over the next year, things are expected to recover enough such that Intel can nearly double earnings. If things recover further, I can see earnings getting back above $1.00 EPS per quarter. That might be a couple years down the road, but I don't see the same happening for DIS, AT&T, or SUNW. That's just my opinion.>>>

There is your problem. You assume everything will recover and double earnings. Take your data points and wipe your a$$ests with them---- the double dip is in progress. Do that double dip for a few quarters into 2003 and Ralph just might have it right.