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Technology Stocks : Intel Corporation (INTC)
INTC 40.03-1.3%Dec 1 3:59 PM EST

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To: GVTucker who wrote (167289)7/2/2002 8:02:35 AM
From: John F. Dowd  Read Replies (1) of 186894
 
GVT:You forget that $ is still being created through : Personal earnings (401 K's and the like), profits accruing to the sellers and shorters and borrowing against real estate assets. I believe Trim Tabs when they say this money is festering in an unproductive manner in money market funds on the sidelines. Sure that much in market cap has disappeared-yes into the "winners" pockets as they leave the table. The problem for some of us is as long term holders we never cashed in what we considered were the blue chips.JFD
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