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Technology Stocks : Silicon Valley Group

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To: david alexander who wrote (1819)	8/27/1998 2:19:00 PM
From: Phantom Dialer	Read Replies (2) of 2946

I think that the worst is yet to come ....think about back in the 80s...people werent going to stop using banks either but that didnt stop Citibank et al to fall to 8 etc.... INTC could always delay couldn't they? I mean if they feel that (a) they are still not ready or (b) there's going to be to much turmoil out there economically, what is the sense in spending more? (Maybe I phrased that wrong) We may see a bounce in the next couple of days but I think we are going to test the October Lows from here if not go lower....this selling day after day, most people have never seen it since the 70s...this is going to be one of those agonziing drops with false blips up. Human nature changes from "Long Term" to Short Term very quickly when the average Joe is seeing their retirement fund etc drop into the sea....Bond inflows remain strong too....something which troubles me since for so long there hasnt been an alternative to stocks.... Again, whenever I make these statements I am jsut about always wrong. so I guesss by the looks of it, you will make a mint much sooner than I will....Just my luck. PD

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