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

To: Amy J who wrote (142251)	8/28/2001 9:51:03 AM
From: Road Walker	Respond to of 186894

Amy, re: Even the non high-tech firms too: a coffee shop next to one of the larger high-tech buildings, some (or eventually all?) Good Earth restaurants are being sold, a couple of stores on Saratoga Avenue (furniture stores, etc.) are being closed. That's how one dominant sector can lead a region into a recession. All those folks getting laid off from the restaurants, and no longer getting a regular check, stop buying stuff from other stores, and it snowballs. A look at the boom/bust cycles in oil patch states like Texas gives you a good historical perspective. A good argument can be made that the country has been in a slow growth, almost recessionary period, for the last 10 years if you take out technology, and the downstream benefits from the profit and revenue creation. We need to stimulate that part of the economy, I'm not sure that GW or Congress gets that part. I've never invested in Biotech, it's very complicated, you really need to do your research. I've been thinking about buying a sector mutual fund, an admission that I don't know anything about the sector, but would like to participate. Welcome back, glad to hear you enjoyed your vacation. John