Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Catcher who wrote (111089)	9/25/2000 10:01:23 PM
From: sea_biscuit	Read Replies (2) of 186894

The following excerpt from today's Market Rap by Fleckenstein puts it very well : Never underestimate the power of denial. . . As if to put an exclamation point on the fact that the u4ians don't think Intel matters as they race into the Cienas, Sycamores and Junipers of the world, a reader sent along the following great description of that mentality: "For those of you keeping score at home, it's time to move Intel from the 'tech bellwether column' to the 'doesn't really matter column. You can put them somewhere between Amazon and Lucent." What a perfect description. Once again, folks are trying to pretend that anything that has a problem is not germane to anything else. Now the bubbleonians are busy huddling themselves into anything that has no fundamentals, for the obvious reason that with no fundamentals, what can go wrong? siliconinvestor.com

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