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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Road Walker who wrote (130116)3/16/2001 11:22:04 AM
From: Jim McMannis  Read Replies (5) of 186894
 
RE:"The lower producer prices can be reckoned to mean that companies can't sell products without reducing prices, and that makes for lower gross margins, and lower profits, and thus lower stock prices."

You see the big picture. Any strength in the economy is just a remnant. The whole cycle must now occur. Many sectors will simply deflate. The stockmarket is just the first. Any strength just garners false hope at this point.
In about 3 months the Real Estate market will be in full retreat.

Jim
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