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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%3:59 PM EST

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To: Tony Viola who wrote (105105)6/29/2000 3:51:00 PM
From: Barry Grossman  Read Replies (3) of 186894
 
Tony,

I've been thinking about how I feel about things in general lately and here are some of my reflections. Let me know what you think.

Interest rate have peaked. The fed will see a continuing slowdown in the statistics that concern them and will do nothing at their next meeting. With the public release of each statistic showing that the slowdown is occurring, the public will start to think that the soft landing scenario becomes more probable.

In the next few weeks we will start to hear some very bullish reports from the likes of Intel, AMAT, EMC, MSFT and the like. The upside surprises and bullish forward looking 2H00 outlooks from many sources will boost confidence and prices of certain equities to new never seen levels.

JMO

Barry
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