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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Maurice H. Norcott who wrote (9143)1/23/1997 5:29:00 PM
From: Road Walker   of 186894
 
Maurice, re: how many people would bail?

Good point. An even more important point: *How many people would bail out of mutual funds?

With mutual funds in the historically lower range of 6% cash, it would take only 1 in 16 holders to redeem or transfer to money market to force the funds to start selling their stocks *at any price*. It is a precarious market at best, all the "it can't happen here" comments on SI have a very sobering effect.

Good luck to all,

John
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