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

To: michael97123 who wrote (120100)	12/4/2000 8:14:30 AM
From: John F. Dowd	Read Replies (1) \| Respond to of 186894

michael97123: I agree that a lot of $$ has disappeared with internuts. I don't think I ever committed much if any serious $$ to .coms but I am paying dearly for their liquidation here. Lost 2/3's of my net worth and I have owned stocks like EMC MSFT INTC ORCL CIEN since the late 80's to as little as 2 years ago and haven;t been a trader. Little did I know that this bear market begun last March would correct so deeply. To me the excessiveness to the downside has made the Irrational Exuberance of old look tame. Investor confidence is a very fragile thing and the Fed has been dealing with it like a bull in a china shop. Our capital markets provide the life blood of our country and they should be encouraged in their job of capital formation not discouraged. Let the investor and the markets deal with the price of each stock. Do not punish all by such a restrictive monetary policy as has been exhibited over the past 10 months. As far as INPH is concerned NO! I did go into QLGC when they got smashed however. I am praying that this F'ing Fed is going to take its foot off the brake otherwise many fledgling companies like INPH will have their air supply choked off and will be maimed for life. Regards JFD