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To: John Graybill who wrote (41256)6/21/2000 5:49:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
this is very similar to the zaitechu operations during the Japanese bubble...corporations in Japan were also speculating in each others stocks, and made out like bandits while the bubble lasted. however, it developed into a huge negative re-inforcing the downward spiral eventually.



To: John Graybill who wrote (41256)6/22/2000 9:26:00 AM
From: Jack of All Trades  Respond to of 42523
 
Thanks, I saw that... Earnings is on 7/18 per yahoo, so it may still move from here, but I think the market is about topped on this run. I am looking for INTC to trade down to $125ish, then run back up before earnings.