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Technology Stocks : Intel Corporation (INTC)
INTC 42.84+7.0%12:30 PM EST

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To: Diamond Jim who wrote (102472)4/17/2000 4:45:00 PM
From: Road Walker  Read Replies (2) of 186894
 
Jim,

The most positive thing about today, to me, is that the big, high growth earnings driven tech stocks came back, while the Internuts with no earnings were left behind. This may be a signal that most of the excess has been taken out of the market, and the real companies can start trading on fundamentals. A correction like we've seen allows the market to start over, and decide where it does or doesn't want to place value.

I'm not saying we won't go down from here, but I think most of the damage to Intel is behind us, if the earning and outlook are good.

John
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