Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 36.16

-0.5%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kapkan4u who wrote (163698)	4/8/2002 8:02:09 PM
From: Jim McMannis	Read Replies (3) of 186894

When the market crashed in 1929 it took until 1951 for the market to regain former levels. 22 years.... I wonder how long it will take the NASDAQ to make 5100 again. One big factor I see this year is that domestic mutual funds did not throw off much in the way of capital gains like they did in previous years. This translates into a big loss of revenue to the Feds. Throw in a lot of capital losses to counter any gains plus lost tax revenue from the Real Estate tax break of a few years ago and Bush spending like crazy on the middle east and it looks like a disasterous revenue shortfall for the federal government this year and for the next few as well. A Japan-like scenario where assets depreciate in the face of low interest rates looks like a likely scenario. If interest rates do rise that would look even worse. This could happen if the Feds must shove a ton of bond paper on the market and have to pay high interest rates to get people to buy it. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next