Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

Nov 17 3:59 PM EST

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To: Road Walker who wrote (101947)	4/3/2000 5:59:00 PM
From: Jim McMannis	Read Replies (1) of 186894

RE:"This isn't a typical reallocation. Many stocks are down, most of the internuts for example, over 40%. A typical correction has never been defined, to my knowledge, by where the proceeds from the sold stock end up." This is not true...a typical correction has been defined many times...back through the annals of time. Particuarly 1929 and 1987. <G> As you said, this is a type of reallocation or should I say "rotation" but a bit more violent because of the extended prices of certain sectors. Jim

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