Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.40

-0.4%

10:41 AM EST

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To: Barry Grossman who wrote (105106)	6/29/2000 6:06:00 PM
From: Road Walker	Read Replies (1) of 186894

Barry, I also agree with your scenario. And I agree with Tony's comment that it will be a stock pickers market. A slowdown in the economy will put pressure on a lot of companies that don't have the growth of the stocks that you mentioned. Fixed costs based on prior economic growth will hurt earnings. So the indexes may not rally, in fact may decline. Let's hope that the market is discriminating. Traditionally you get the summer rally, and the late summer pull back, leading to a good November and December. Tradition is no guarantee of future performance, especially in an election year. The growth fundamentals for a lot of tech stocks certainly look as good as I've seen them in many years, probably since 1995. How's that for taking every side of an issue? John

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