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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST

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To: Scumbria who wrote (132013)4/9/2001 3:31:26 PM
From: GVTucker  Read Replies (2) of 186894
 
Scumbria, RE: Given that CSCO is down 80%, I'm having a hard time seeing that there can be much more downside.

The correlation of a stock's future return with its historical decline versus its high is zero.

Lucent was $16 when it was down 80% from its high. That didn't prevent it from then declining another 60%.
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