Intel down

Discussion in 'General Mac Discussion' started by mac15, Jan 16, 2002.

  1. macrumors 68040

    mac15

    Joined:
    Dec 29, 2001
    Location:
    Sydney
    #1
    Intel shares wen't down this morning
    and the company has cut their spending by 25%
    I don't have a link but I saw it in the news
     
  2. #2
    Okay is this kind of thing common for intel? Has it happen before?

    get the link man. who owns intel?
     
  3. macrumors 68040

    Joined:
    Feb 24, 2001
    #3
    Well it must be rare for this to happen since the Dow Jones fell 218 points after the news was released.
     
  4. macrumors 68030

    mischief

    Joined:
    Aug 1, 2001
    Location:
    Santa Cruz Ca
    #4
    Start a Run, maybe we can get a stampede.

    SELL!!! SELL!!!!!

    Dump your Intel stock and maybe we can be rid of them.:D
     
  5. macrumors regular

    Joined:
    Jan 1, 2002
    Location:
    california, usa
    #5
    re: dump

    people could sell all day and the stock would still be healthier than apple inc's stock

    the pentium 4 is selling in new machines but there are so many other factors which influence stock

    my theory is that the tech stocks started rebounding too soon, last month, and there has been talk of the recession ending this spring

    tech stocks seem to indicate whether the economy is strong or weak

    ...but now the market analysts say that the recession might not end that soon and we will have to wait longer since the economic indicators point to a late-2002 recovery
     
  6. macrumors 68030

    mischief

    Joined:
    Aug 1, 2001
    Location:
    Santa Cruz Ca
    #6
    It's worth a shot.

    Hey, word of mouth is powerful and a sudden sell off in a small section can become the first pebbles of an avalanche if Panic can be triggerred. If there's anything to be learned from Stocks it's "butterfly effect" in action.
     

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