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

To: GVTucker who wrote (120943)	12/6/2000 5:09:42 PM
From: greg s	Respond to of 186894

GV, Thanks for your analysis. All I can say is: "Mr. Greenspan, are you hearing this?" The FED changing bias to neutral on 12/19 may not be enough. Guess I'll hope for a rate reduction as my portfolio circles 'round the drain. Thanks again, greg

To: GVTucker who wrote (120943)	12/6/2000 8:02:00 PM
From: Mary Cluney	Respond to of 186894

GVTucker, <<<In short (or given this post's length, perhaps it should be in long) it is hard to find any silver linings right now, and thus it is easy to twist everything into a negative.>>> I knew if anyone knew, it would be you. Thanks for the Street perspective. I am kind of relieved. At least it is not complete insanity. There is some method to this madness. I am kind of relieved that it is only the economy and herd instinct rather than complete madness or some fundamental misstep by Intel management. As for the economy, we can only look to Alan Greenspan. He is acting as if he were God. He can virtually command the economy to go up or to go down. I am more and more in favor of Milton Friedman's proposal to eliminate the Fed and replace it with a computer program. But, that is quite well beyond what we can do as investors. As far as herd instinct goes, it works both ways. The MO Mo guys can take it up and they can take it down. Again, there is not much here for us small investor to do anything about. But for us long term investors, looking at fundamentals, all we can do is speculate as to whether the PC, the microprocessor, and computer Information technology has a future in the future. Many Wall Street professionals think the era of the PC, microprocessor, and computer information technology is old hat. Their kids have mastered it, and it will go the way of the hoola hoop. The fad is over. The new fads will be wireless hand held this and wireless hand held that. I admit these Wall Street guys are always ahead of the curve. They always seem to know what's coming down the pike. What's hot and what's not. The PC, microprocessor, and computer technology is passe. The good times are over. C'est la vie. Mary