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Technology Stocks : Intel Corporation (INTC)
INTC 43.51+0.1%2:08 PM EST

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To: Road Walker who wrote (91863)11/7/1999 11:32:00 PM
From: Barry Grossman  Read Replies (2) of 186894
 
John,

First there was tobacco, then the gun manufacturers, now the judicial system is after the largest, most successful tech company. It certainly doesn't leave investors with a higher feeling of confidence in equities

My feeling of confidence is missing with regard to BIG government in general, but I disagree about confidence in equities. I still have confidence that over the long run, equity values will correlate well with their actual earnings and continued earnings prospects - in spite of governmental interference. Just call me a cockeyed optimist.

I also think that the holier than thou Clinton Justice department needs to be retired along with all the other members of the present administration.

Barry
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