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

To: maui_dude who wrote (143139)	9/8/2001 5:52:02 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"Wasn't it you, who predicted around march timeframe that the market will much higher (from march value), by the end of the year, when the interest rate kicks in?" Some sectors of the market could end the year higher. Nothing surprises me. OTOH, the damage being done in the general economy will not be reversed over night. With inflated Real Estate, overbuilding and these layoffs snowballing...sure looks like we gonna have to recycle the whole thing... With a drop in rates the markets should have been supported. The fact that they really haven't suggests major underlying problem. Tech's taken a major pounding...may even be close to a washout bottom. Problem is the rest of the economic bubble which appears to be in for a major adjustment. If tech was all this is maybe it bounces nicely and heads up tommorow. I think it will just have to wait for the rest of the economy to come back to it... Jim