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Technology Stocks : Intel Corporation (INTC)

INTC 39.50

-3.1%

Dec 11 3:59 PM EST

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To: Road Walker who wrote (162505)	3/19/2002 12:01:48 PM
From: wanna_bmw	Read Replies (3) of 186894

John, Re: "* Industry data continues to support our thesis that rising utilization rates will begin to spur new capital spending. Last week, the Federal Reserve reported utilization rose marginally 30bps to 62.6% in Feb., after hitting a low of 59.4% in August, and recent SICAS data rose from 64% in Q3'01 to 66% in Q4'01." Interesting. While all the other analysts have hitched a ride on the "economy sucks" bandwagon, Joseph is posting signs of a recovery. Ironically, Joseph was also the one that predicted the downfall, while all the other starry eyed analysts were riding the bull market. I wonder if history will repeat itself, and Joseph again finds that he is correct, while all the other analysts get left behind. What do you think? wbmw

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