Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

+2.3%

Nov 19 3:59 PM EST

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To: Tony Viola who wrote (128815)	3/2/2001 11:53:59 AM
From: GVTucker	Read Replies (1) of 186894

Tony, RE: What else threw the top high tech country off the track last year if it wasn't the rate hikes. I don't mean the stock market, I mean tech business. All of a sudden, the Internet buildout, business to business "transactioneering", and all the other phenomena driving technology sales became a bad idea? No, not a bad idea. Just a victim of an unsustainable rate of growth, combined with the dangerous belief that this rate was sustainable. If it was an interest rate rise, then industries far more susceptible to interest rates would be declining at a faster rate. An example of such industries would be autos and housing. They aren't.

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