Intel meltdown slams stocks

Discussion in 'Current Events' started by Crawn2003, Jan 16, 2008.

  1. Crawn2003 macrumors 6502

    Joined:
    Jul 8, 2005
    Location:
    Santa Rosa, California
    #1
    Link to Article on CBSMarketWatch (post thread named after article on CBSMarketWatch)

    Just took a look at Apple's stock and it's trading down $10.84 at $158.24. Still doing really good so no need to worry.:p Down roughly $20 in two days so time to BUY!

    Intel on the other hand is down $2.88 at $19.81 a share. Kind of a jump with usual low trading on it.

    Damn the recession!
     
  2. obeygiant macrumors 68040

    obeygiant

    Joined:
    Jan 14, 2002
    Location:
    totally cool
    #2
    I got like 5 share of intel the other day at like 22. whoopi frickin do! :)

    As for the Apple Stock, I'd wait a couple days and see if the slide is really over.
     
  3. Unspeaked macrumors 68020

    Unspeaked

    Joined:
    Dec 29, 2003
    Location:
    West Coast
    #3

    Yeah, this hasn't just been a small two day slide.

    The whole market's been tanking since December...
     
  4. obeygiant macrumors 68040

    obeygiant

    Joined:
    Jan 14, 2002
    Location:
    totally cool
    #4
    Actually, Im not too bummed about it. It'll be a buyers market.

    I've been watching RIMM, its down to about $88 from $105 a few weeks ago. From the keynote, steve said RIMM still had the majority of the market share in smartphones. Also I think blackberry's are preferred by business professionals over the iPhone-- at least for now. If it goes any lower I'll be very tempted to get a few shares.
     
  5. Unspeaked macrumors 68020

    Unspeaked

    Joined:
    Dec 29, 2003
    Location:
    West Coast
    #5
    Yeah, and Blockbuster and Netflix both were way up today on news that iTunes movie rentals shouldn't mess with their bottom lines until '09 at the earliest.
     

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