Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 45.51

+10.6%

3:59 PM EST

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To: Sonki who wrote (8197)	8/21/1997 8:22:00 PM
From: Captain Jack	of 27012

Soni--- I believe a 10 % correction is nothing. Most on this thread can take that standing on their head. It is the 20% or more that is still possible. We have had days of nearly 250 dow loss and no one even thinks about it--Why not -450?? If one were to come again it would be faster than a week. Length would probably be shorter than a year. I am margined now and do not feel that will make much difference would have to sell something,,, so--- the rest can stay for the ride back. With all the boomer money then in CDs the only thing that would arrive is minimal 401K etc for awhile and those that remember will put everyhing we can get our hands on in at bargain prices...think of INTC under 40,,, CPQ in the 20s- but your portfolio value in half... not fun thoughts,,,, very unlikely to happen at THAT MAGNATUDE again,, but possible! JOHN

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