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: Jim McMannis who wrote (174442)	5/8/2003 9:33:01 PM
From: brushwud	Read Replies (1) of 186894

Unlike selling their stock they could more likely sell their house for a profit before they voted with their feet though... Not according to this: Message 18755973 "I can't prove this but my feeling is that what were $800K houses in the bay area in 2001 timeframe are now selling for somewhere in the $600s. The million dollar homes aren't selling much at all. Interest rates have held this boat afloat and any sort of increase there which is bound to happen eventually will probably knock another $75K-$100K off the $600-$700K homes. So at the end of all this, it will be quite a correction in home prices in the tech areas to mirror what has happened in the stock market, thats what I am thinking - from peak to trough maybe 40%. (again, statistics won't show this)"

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