Intel Corporation (INTC) Message Board

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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: Paul Engel who wrote (2526)	7/23/1996 5:28:00 PM
From: Andy Chen	of 186894

John and Paul. thanks for your feedbacks. fear is what's driving the market right now. NASDAQ dropped despite positive fed comment and even positive earnings. in order for people to regain confidence in their investment abilities. i think it will take a while. probably another few months before any solid rally can occur. in addition, smart mutual fund managers are going cash. but, smart fund holders are also withdrawing their money. real estate seem to be growing. wouldn't it be nice to buy yourself a house before the price start going up ? too much exposure to mutual funds is not a good idea. where are they going to come up with the money to support all these employees? fund managers, stock promoters, magazine publishers, etc? job will be cut. if you think the market is crashed. we have a long way to go from here. up till now, the only stocks that were hammered hard are the small cap/mid-cap technolgy stocks. now, with DOW trading near the all time high. it will probably take 4-5 months to correct and balnace the whole market. right now tech stocks are cheaper than most DOW and defensive stocks. it's either the DOW decline and tech rebound to achieve equilibrium or everything is going down together. right now, it seems like the later is true. good luck. i have no credential. thats why i am saying these stuffs. imagine if someone have credential like Ned Johnson or Peter Lynch warning about mutual fund crash, then what will the whole world think? little guys are allowed to exercise their opinions freely. cuz nobody take them serously. good luck

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