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

To: Dan Spillane who wrote (121177)	12/7/2000 5:05:24 PM
From: chomolungma	Read Replies (1) \| Respond to of 186894

Intel is one of the best, if not the best, semiconductor companies but it is STILL a semiconductor company. The SOX index has gone from 200 during the Asian crisis to almost 1400 earlier this year. A pullback to 500 is likely before this decline is over. The good news is that’s only 10% below where we are at now. That would mean the average semiconductor stock will have shed 2/3 from its high. Intel is likely to do about the same. bigcharts.com This is all a normal occurrence for an industry this wild. If you believe in the long-term growth prospects of it, you should just hang on. Railing about whether or not this is rational is pointless, one could just has easily railed that 1400 on the SOX was irrational as well.