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Technology Stocks : Intel Corporation (INTC)
INTC 34.61+0.8%9:45 AM EST

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To: Tony Viola who wrote (101750)3/29/2000 10:57:00 AM
From: John Koligman  Read Replies (1) of 186894
 
Hi Tony,

Fleckenstein mentioned it in his contrarian rap on SI yesterday. Here is the excerpt...

Slips, dips and chips? There was a series of slides and dips all day long and at the end of the day, the dipsters lost all around as the various indices pretty much closed on their low across the board. The weakest one of the bunch, for a change, was the Sox. Things were very heavy for the most part in chip land with Intel leading the charge to the downside for once, as there were rumors that Dell had cancelled a chip order and was switching some orders to AMD. I can't confirm that is the case; it certainly wouldn't be surprising, but that doesn't explain why the equipment stocks were roughed up pretty mightily

Regards,
John
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