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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: t2 who wrote (132549)4/17/2001 10:57:19 AM
From: Road Walker  Read Replies (1) of 186894
 
NV,

re: "The dark cloud over this market was Cisco and not Intel. Investors may have held back some purchases until the Cisco warning was out and this week was the logical release for the warning."

I hope you are right. As YB said, "It ain't over 'till it's over". And it's early in the process of the market digesting and evaluating the CSCO news. I suspect that the bottom in CSCO (at least) may not be in. Right now you have the market buying the (bad) news, after selling the (bad) rumor.

John
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