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

To: Road Walker who wrote (101983)	4/4/2000 11:31:00 AM
From: Ibexx	Read Replies (3) \| Respond to of 186894

John, Panic selling is more evident in the 2nd- and 3rd-tier high-tech issues, while the NAZ 4 horsemen held up relatively well. I think today may be IT - the reversal day. Ibexx

To: Road Walker who wrote (101983)	4/4/2000 12:23:00 PM
From: GVTucker	Respond to of 186894

John, RE: Usually a major correction or bear market ends with a bang, not a wimper. A correction, I'd agree, often ends with a bang. But bear markets seem to end with whimpers more often than not. Even if you qualify the crash in '87 as a bear market, the closing lows were tested often through December and January. The bottom of the most vicious bear of our generation, '74-'75, was marked by total disinterest, with volume almost nonexistent and little volatility. The market really didn't break out from this bear until the summer of '82. Notable to many on this board about the beginning of that bull market in '82 was that only one year later tech stocks began a bear market that lasted just about the rest of the decade. Indeed, Intel didn't exceed its 1983 high for good until late in 1989. My hat is off to those on this board that had the patience to sit that extended period out. My guess is that few current Intel shareholders would hold through a similar period now.