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Technology Stocks : Intel Corporation (INTC)

INTC 46.95

-2.8%

3:59 PM EST

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To: Amy J who wrote (176318)	12/30/2003 11:49:36 PM
From: Lizzie Tudor	Read Replies (1) of 186894

People like Stephen Roach saw this, way before anyone else seemed to see it. Yes Roach was the first to figure out the GDP was due to offshoring of labor intensive jobs, leaving only "management types". I am expecting a GDP close to 10% in 04, seriously with more unemployment. At some point, the feds will tweak the number in some way, or qualify it so that we all know what we are looking at. The 7% GDP numbers a few months ago caused retailers to overstock for the holidays imho.

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