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

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To: wanna_bmw who wrote (143737)9/18/2001 4:31:00 PM
From: Jim McMannis  Read Replies (2) of 186894
 
RE:"I don't know much about this area of economic theory, but isn't there a positive aspect to this? If half of the technology world goes broke, wouldn't that allow the other half to gather what remains, and be stronger?"

Well, we all know that most of the dot coms were destined for Chapter 11 and the strong ones would survive. We know about the nifty 50 and what happened to them in '73-'74.

At this time however they market is simply thowing out the babies with the bath water...so I would think that low stock valuation at this time would not necessarily be an indication that a company is gonna belly up.

Jim
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