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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 38.16+2.5%3:59 PM EST

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To: Sonny McWilliams who wrote (26572)10/11/2000 3:24:23 PM
From: William Hunt   of 27012
 
Sonny --another interesting day ----One trillion in market cap lost so far since spring . The market is 70% the houses and mutual funds ---30% or less the individual investor . You get the impression that the funds are doing tax loss selling to minimize how bad their performance is ---the funny thing is they taken the market psychology and virtually destroying it . I do not have a feel for how long this will last but Wall Street ( the Houses will pay dearly for being short term investors ) . Just not logical what is happening ----One thing for certain I will never listen to an anal-yst in the same vein again

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