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

To: wanna_bmw who wrote (155660)	1/16/2002 2:22:14 PM
From: tejek	Respond to of 186894

Ted, Re: "However, while INTC's report was good for current economic conditions, it seems everybody is focusing only on the capex cuts and their impact on the equipment makers." That's ok by me, as it will tend to offset some of the irrational exuberance that the market has already placed in the stock. Falling a little now is better than falling a lot later, if some real bad news hits. bmw, point well taken. My stop losses kicked in and I am out of a lot of tech stocks. Equipment makes as expected are taking it on the chin. However, the one equipment maker that I wanted, CYMI, is hardly moving. It figures!! Besides, I recently sold a lot of my INTC at over $36. If for some reason it drops below $30, I will find another entrance point. Nice call. I would not be surprised if we are given the chance to reenter below $30. ted