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Technology Stocks : Intel Corporation (INTC)
INTC 38.02+0.3%10:45 AM EST

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To: wlheatmoon who wrote (75362)3/4/1999 3:21:00 PM
From: JRI  Read Replies (1) of 186894
 
Mike- The tech sell-off was due to (1) a needed pause and regroup from the large gains the past few months (2) The worst bond market (February) in many years...

The bond will not stay at 5.7 forever...by April..it will start trending down (return of Japanese money/huge tax inflows for U.S. Treasury)...bond market will rally.......this will raise all high PE stocks...

The Intel/PC scare has about run its course...

Be careful...best to take your money soon
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