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Technology Stocks : Intel Corporation (INTC)
INTC 48.72+3.0%Jan 14 3:59 PM EST

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To: Road Walker who wrote (171303)9/30/2002 8:21:30 AM
From: John F. Dowd  Read Replies (3) of 186894
 
John: Excellent post. US is certainly becoming entirely risk adverse and who is sought as the ultimate risk taker - the government. I mean this boomer generation won't even get on an airplane much less invest in legitimate companies at the lows. But it all goes back to the rate hikes while oil prices were going up and (a huge tax)the dot com thing was bursting.As I said then confidence is an easy thing to tear down but a difficult thing to restore. Inflation is something you can deal with deflation is another story. Let us pray that we have some investors left in this country that have some cajones left and trust in American ingenuity. Let us hope that the US does not dismantle our tech industry and pharmaceuticals and finance industry in the name of disguised socialism. Sure there have been some abuses but I like irrational exuberance better than what is going on today. Bush should shut up or put up as the uncertainty over this thing is also throwing fuel on the risk aversion pire.

OT Anybody here no if it is possible to reformat a smart card? JFD
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