Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: mauser96 who wrote (37953)	10/28/1997 9:06:00 AM
From: Road Walker	Read Replies (1) of 186894

Lucius, Agree that this is healthy, several months ago when analyst started saying the economy was "perfect", you knew this would have to happen. Just some thoughts on the future. Assuming this sell off continues, 6300 (+/- 150) on the DOW looks like a realistic place to end up. This would puts us near the April lows and the level where we started the year. It would also give the market a reasonable historic valuation for a GOOD economy going forward. The bad news is that the Nasdaq would have to tumble another 300 points to reach the same April lows, but would probably bounce up to the level at the start of the year. Just a scenario, this is a reckless time to make predictions. But I think post correction/bear market, we will return to the average 10% appreciation that the stock market has averaged in the past, with good companies peforming above and bad companies performing below. I don't think we will see a big post crash run up as we saw in 1987. Some thoughts on what MIGHT happen. John

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