Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.52

+1.2%

1:19 PM EST

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To: Elmer who wrote (126358)	1/31/2001 2:50:05 PM
From: Jim McMannis	Read Replies (4) of 186894

RE:"Yes, maybe technically, but I think the market is using a different method of valuation now and Intel's fundamentals just don't support that kind of a climb at this time." I was just drawing a line in the sand using TA. The bigger picture is that the bear market ended on Jan 3, 2001... Fundamentally... The economy may still slow down but AG has inserted the safety net and the stockmarket anticipates at least 6 months out... Jim PS...the last Bull leg started on 11/16/94 after the FED hiked 3/4% on the discount rate...do you know why? The FED even hiked another 1/4 after that...

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