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

To: Mary Cluney who wrote (124394)	1/8/2001 12:15:37 PM
From: Road Walker	Read Replies (2) \| Respond to of 186894

Mary, re: "In this environment, with the economy and corporate profits teetering on falling off of a cliff, that is a super endorsement." "Been down so long it looks like up to me"? Can't remember what song that's from. John

To: Mary Cluney who wrote (124394)	1/8/2001 1:44:06 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 186894

Kumar said he would buy in the 26s ... which means he expects the stock to go below that, assuming he is right and it bottoms at 25, which is roughly another 20% haircut from the current level, the Nasdaq at 2350 right now, a 20% drop brings us to below 1900 ... I am waiting for the market to get below 2000 to enter ... it is better to be out of the market, trying desperately to get in, than to be in the market trying desperately to get out ... You know big Joe, when he turns bearish, then it is the bottom, he has always been bullish in the last few years the direct opposite of Mr. Morgan Stanley - Byron Wein