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

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To: Jim McMannis who wrote (172373)1/3/2003 7:17:40 PM
From: Lizzie Tudor  Read Replies (1) of 186894
 
I think this is a low in tech, and if we aren't at THE multiyear lows here, then we will see them in the next 3 mos. There are plenty of tech stocks low enough to buy either way. What is amazing to me is the extreme levels either side who is in control (bears at this juncture) will go to to justify their positions. Making an overvalued claim about tech here is like that. You can do it but a lot of assumptions need to be made about growth rates into the future. Also you have to assume all the cash these companies have gets burned. A lot of assumptions.
Lizzie
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