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Article: Chicago Tribune Binary Beat Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 18, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By James Coates, Chicago Tribune Knight Ridder/Tribune Business News
Mar. 18--INTERESTING PARALLELS BETWEEN INTEL (NOW) AND IBM (THEN): Pssst. Hey you. Yeah, you, the one with the individual retirement account. Do I ever have a stock tip for you. Come a little closer so I can whisper it in your ear.
Ready? INTC. That's right, they are having a fire sale on Wall Street in shares of Intel Corp. Would you believe $27.88 per share? Yessiree, friends and neighbors, Intel shares are going for $3,000 per hundred, give or take a tick up or a tock down.
The Binary Beat hasn't seen this kind of easy pickings since back in 1993 when IBM tanked at below ...