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Technology Stocks : Intel Corporation (INTC)
INTC 36.91-1.1%Dec 31 3:59 PM EST

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To: Tony Viola who wrote (110180)9/18/2000 4:13:36 PM
From: Jim McMannis  Read Replies (1) of 186894
 
As we discussed on Compaq, "earnings warning season" will be through shortly. Will that help stop the carnage?

Maybe a little...
What will permenantly stop all this is the perception that the last rate hike is in and we've either soft landed or at least any economic slowdown is getting behind us.

Right now, with $36/barrel oil and a heap of gas guzzlers out there what do you think will happen?

On top of that we need to get through tax loss selling season. That should stabilize shortly.

Jim
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