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

To: Thomas M. who wrote (37768)	10/27/1997 1:31:00 PM
From: mauser96	Read Replies (1) \| Respond to of 186894

Well it's sure not at as high a valuation as it was a few weeks ago. It's really getting nasty out there today. Panic is in the air, but I suspect the Asian affair is not that important in itself, but is acting as a trigger to a highly priced market that was loaded with overconfidence. Sometime very soon there will be a good buying opportunity since I don't see fundamental changes in interest rates or stock profits. This is why I never use margin and always keep some cash in reserve for when stocks go on sale. The great secular bull market isn't over.