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Technology Stocks : Intel Corporation (INTC)
INTC 50.22-0.7%Feb 9 3:59 PM EST

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To: P.Prazeres who wrote (9290)1/25/1997 1:42:00 PM
From: Boplicity   of 186894
 
<<Having said all of that....If the market indeed goes into a corrective phase (in my opinion, it has started), it will take many stocks with it.>>

I agree with your post completely I would like to add one simple note to it though. This particular phase of this bull tech run has been marked by large cap tech stocks. What we witness on Friday was one of the pillars of the run begin to fall, network stocks (CSCO, COMS, ETC.). With that in mind, one should watch what happens to MSFT next week. MSFT has still been strong. IMHO once we see MSFT begin to fall another pillar we be taken out. Then we will see THE correction begin in earnest.


Greg
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