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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: Jim McMannis who wrote (168260)7/15/2002 4:23:12 PM
From: Ali Chen  Read Replies (2) of 186894
 
Jim, "Money rushing into real estate and out of stocks."

Unfortunately, your observation, although true, is
somewhat late. If you check appraisal rolls few years
back, in your area, or using the link I provided,
you will find out that the peak in property value increase
rate has happened in the year 2000, 45-50% per year
in some areas. Which means that some smart guys were moving
the stock bubble money into real estate already, long
time ago. The current RE rush is a sucker's rally I think,
but will continue for some time.

Regards,

- Ali
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