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Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST

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To: xstuckey who wrote (42903)12/19/1997 6:43:00 PM
From: Road Walker   of 186894
 
X,

Agree that options expiration makes the trading less "pure". Still, the techs have corrected, Intel by 33%, whereas most of the big board big caps are not that far off their highs.

The growth in tech is still there, even if it declines from 1997. And the prices are cheap compared with the overall market, which has less growth. I wouldn't want to predict what the market will do from here, but I would bet that the quality techs will outperform the DOW and S&P.

John
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