Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.82

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10:59 AM EST

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To: John F. Dowd who wrote (165808)	6/6/2002 9:01:03 AM
From: Amy J	Read Replies (1) of 186894

Hi John D, RE: "This has to be good news for the tech sector." I think everyone agrees things are picking up slowly in high-tech, but the fear is that the overall state of the economy will pull back the recovery that is now underway. So, the economy makes this still iffy. And there's more goblins to scare the economy these days (terrorism, dollar, deficit spending, exec corruption, India/Pakistan, Middle East war, etc.) But there's also good news in the economy: best production per unit cost since 1985. (8%) May services were up the highest since Aug 2000. And Mfg was up the most since 1999. The economy is turning around, but global conditions and deficit spending aren't. Regards, Amy J

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