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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: Ibexx who wrote (65692)10/1/1998 6:06:00 PM
From: Maxer  Read Replies (1) of 186894
 
Ibexx--

<<margin calls this morning>> as reason for the frantic selling.

You might also add collapsing foreign economies, record MF withdrawals, lower earnings reports, huge hedge fund losses, and extremely nervous professional investors.

We might be "on our way" in a day or two (a bit of a bounce) but I think that we should consider the strong possibility that we are in the worst decline in many years.

I hope Intel holds up well, but October is still very young.
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