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

To: Jim McMannis who wrote (164899)	5/4/2002 11:10:24 AM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Jim, re: I think many of these traditional growth stocks are still overvalued and money will flow from them into smaller, value type stocks. That seems to have been happening for quite a while. Actually the last tech sector to really tank may be the semiconductors. While the NASDAQ composite has been down about 1/3 or more since November 2000, the $SOX has remained about flat (excluding the 9/11 reaction and rebound). That is, until this past week, when it seems it have have broken long term support. stockcharts.com[w,a]waolyyay[pb50!b200][vc60][iUp14,3,3!La12,26,9]&pref=G I agree that the market is telling us that the recession is not over. I also believe that if things don't get real bad, we will have a very respectable business upgrade cycle starting within the next six to twelve months. All those Y2K PC's are getting pretty long in the tooth. Next week should be very interesting for the markets. John

To: Jim McMannis who wrote (164899)	5/5/2002 8:42:28 AM
From: John F. Dowd	Read Replies (2) \| Respond to of 186894

Jim: No one has still given me an example of a value (small or cap stock) that has the prospects of an INTC or MSFT. You guys are talking about the SURVIVAL of INTC? Might as well talk about the sutvival of GM or GE? This is the kind of dumb talk bandied about by the pundits that is contributing to the erosion of confidence that has take a death grip on this market. If the big caps don't lead us out then their will be no recovery. Little cap stocks are like pinion gears they are important in their function but they don't move the mighty ship of the American economy. If the icons like BA, F, IBM,GE,GM,DuPont and our telecoms go down the tubes we are in very very bad trouble. JFD