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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 3:59 PM EST

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To: kapkan4u who wrote (167907)7/10/2002 9:07:55 PM
From: L. Adam Latham  Read Replies (5) of 186894
 
Kap:

Re: Looks like they are starting to take the DOW apart.

The President and Congress aren't helping the DOW either, in my opinion. They're both playing politics and are trying to gather votes for November by yacking about new, tougher Securities laws. The problem is, any new regulations will force companies to hire more lawyers, more accountants, and more consultants to make sure they're following all of the latest rules, and the result will be lower profits. Lower profits = lower stock prices, it's that simple. The current laws are tough enough already - people are simply breaking the law and should be punished. Is it that difficult for the politicians to understand?

Adam
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