Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (94980)	1/4/2000 4:34:00 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Jim, re: "It appears my timing was off." A look at the NASDAQ chart and you knew this would come sooner or later. This correction is healthy, the run-up in the face of interest rates was unhealthy. From an Intel investor stand point, it's really a shame that it's being thrown out with the bath water, as it wasn't one of the tech stocks that traded at obscene valuations. I expect it would have gone up into earnings in a neutral market (as it looked like it had started to do). I don't know how long this will last, but it looks like the assets going out of the stock market and going into bonds. If that continues, it's something of a self-regulating action. Lower bond prices will eventually support stock valuations, and I think Mr. Greenspan is less apt to raise rates if the market is less speculative and more reasonably priced. If this turns into a rout, I suspect the Internet stocks will take the biggest hit, and maybe the momentum investors will be a little more skeptical next time. That's also a good thing, it leaves more dollars to compete for solid companies like Intel. John