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

To: Paul Engel who wrote (99944)	2/26/2000 6:24:00 PM
From: Joseph Pareti	Respond to of 186894

ot new york times --- divergence DOW, NASDAQ "This extraordinary divergence (DOW , NASDAQ )in the market reflects two views held by investors: that Alan Greenspan, the chairman of the Federal Reserve, continues to be deadly serious about raising interest rates to curb the economy's growth and that these rate increases will hurt some industry groups far more than others. The older, more established companies that make up the broader market indexes will be hurt by rising interest rates, investors believe, because these companies' borrowing costs may rise substantially. But because the fledgling technology companies found in the Nasdaq composite do not rely as heavily on banks for capital, these concerns will not face rising costs as a result of a few interest rate increases ---------------------------------------- interesting isn't it ? the better you are (e.g. JPMorgan, P&G, AMex, etc ) the more vulnerable you are to AG 's action the lousier you are (e.g. Yhoo, dbleclick, amzn ) the less vulnerable because "they do not rely as heavily on banks for capital " Who cares they are crap anyhow. NYT tell me stories; it's momentum investing and it's LOTTA lemmings, plain and simple.