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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%3:59 PM EST

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To: Jim McMannis who wrote (128993)3/4/2001 1:01:40 PM
From: Road Walker  Read Replies (1) of 186894
 
Jim,

On a rainy day up here (I wish those folks would keep their cold fronts up north), I was looking at a chart of the $SOX.

stockcharts.com[l,a]maclyymy[pb50!b200][vc60][iUb14!La12,26,9]

It's remarkable to me that we had similiar 50% declines in the SOX from from September 1995 to about September of 1996, and from mid-1997 to about October 1998. I had forgotten (repressed?) those nasty times. The charts of those declines look very similiar to the decline we are currently suffering.

Just a point of reference, and an acknoledgement that semi pullbacks of almost this magnitude are not unique, in fact have happened 3 times in a little over six years.

Anybody feel better? Probably not.

John
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