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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (39780)	11/17/2000 1:08:24 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

abcnews.go.com

To: Gottfried who wrote (39780)	11/18/2000 12:34:21 PM
From: Ed Wheless	Read Replies (2) \| Respond to of 70976

While looking back through the charts I noticed a great similarity exactly 10 years ago for INTC as well as AMAT. For INTC, using a factor of 35 to adjust 10 year old prices, prices bottomed out at $22 in Oct. 1988 vs $22 in 1998. INTC them increased to $56 in July '90 vs $70 in 2000. This was followed by a drop to $34 in Oct. 1990 vs $37 in 2000. Ten years ago the price then increased by 50% in the next 6 months to a new high and of course by a factor of 35 in 10 years. Was anyone around 10 years ago following tech. stocks that remembers what happened and can speculate on whether we will see a similar turnaround.