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Technology Stocks : Intel Corporation (INTC)
INTC 40.23-0.7%12:47 PM EST

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To: Amy J who wrote (123737)12/28/2000 1:13:21 PM
From: Saturn V   of 186894
 
Hi Amy
Ref OT -< Combined stock market and real estate financial crunch >

I can empathize with the pain of your friends. I also lived thru a similar stock market meltdown while closing on my first house. Simultaneously the economy plunged into a deep recession and there were massive layoffs all around me. Those were scary days indeed ! That taught me a lesson that the stock valuation models developed by the high paid financial analysts are worthless, and to stay away from super high P/E stocks.

Hopefully everyone has learnt how to separate hype from reality. However I am not sure if the market has bottomed, and how much more pain lies ahead.

Regards
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