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Intel -- still hugging bottom channel

Started by pkamm, 10/09/2004 04:25AM
Posted 10/09/2004 04:25AM | Edited 10/09/2004 04:26AM Opening Post
Microsoft's long-term growth trend, among many other tech companies' has been clearly 'broken', but through it all, chip-giant Intel is holding the line. The resiliance shown in this 30-year chart in the face of the great tech crash makes it look like a good accumulator at current prices, imho. Could still dip into high teens, but not much further I'd wager.

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