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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: GVTucker who wrote (81646)5/26/1999 2:28:00 PM
From: L. Adam Latham  Read Replies (2) of 186894
 
GVTucker:

Re: There is no empirical evidence to support that opinion. Several studies have been conducted over the past decade attempting to correlate past performance with future performance, and none have shown any relationship.

Quite to the contrary. My original post on the subject (http://www2.techstocks.com/~wsapi/investor/reply-9763742) provided empirical evidence showing that INTC has recovered quite nicely from the >25% corrections it has encountered over the past 3-4 years. It is my opinion that this trend will repeat itself with the current correction, as well as the many future >25% corrections that INTC will undergo.

Adam
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