Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

Nov 17 3:59 PM EST

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To: Road Walker who wrote (42220)	12/14/1997 11:52:00 AM
From: harrypolo	Read Replies (2) of 186894

John, human nature doesn't change. And there is no telling what the market will do to a stock price...I don't care how smart you are and I don't care how strong a company is. When trying to understand markets you also have to take into consideration mass psychology. Right now, despite the drop in tech prices...most people still think that prices will rebound. That's because of the quick rebound in 1987...and the even quicker rebound last October. But the markets are still too high. Some would they the markets are MONSTROUSLY overpriced. We haven't had a real correction since the start of the bull market in 1982. Sooner or later the rubberband will snap. Most of us have had some wonderful gains. Now it's time to take some of the money off the table.

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