Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.2%

Nov 28 9:30 AM EST

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To: L. Adam Latham who wrote (166809)	6/22/2002 1:54:49 AM
From: kapkan4u	Read Replies (3) of 186894

I don't think that the 2-year-old bear market can be explained by geopolitical or terrorism fears. Even after the risk of nuclear exchange between India and Pakistan was declared to have diminished the market only managed a pitiful one-day bounce. We had a huge bubble in valuations rising from 1983 to 2000 without interruption in both NASDAQ and the DOW. Now it's time to deflate. Nobody knows how long or low valuations will fall. A 90% drop in the DOW occurred from 1929 to 1932. It happened before it can happen again. The latest slide is driven by the foreign capital fleeing the US$ denominated assets, mostly stocks. My hope is that the US government bonds are next so that I can get back in on the cheap. I plan to go easy on leverage this time. Kap

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