Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Road Walker who wrote (102363)	4/14/2000 11:31:00 PM
From: Harry Landsiedel	Read Replies (2) of 186894

John Fowler. Re: "Not saying that we can't go down farther, we can always get overly pessimistic. But I think we're OK here as far as what reasonable expectations should be." I think that depends on if what happened today was a "market event" or an "economic event", and it may be too soon to tell. If it was a "market event" then we can expect the market to bounce back over the next few weeks/months. If it was an "economic event" then that would mean that today's inflation numbers are a symptom of the last phase of an expansion, in which case the next phase is either a HARD or a SOFT landing. Only time will tell which it is, but given the strong earnings picture, it would appear that either we have more growth ahead for the economy or that we are headed for a very hard landing. Time will tell. HL

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