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

To: Mohan Marette who wrote (41930)	12/10/1997 11:44:00 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Mohan, >>>Since I have nothing better to do, <<< That goes for me also, after having made my bets there is nothing more to do but watch the carnage play out - just sitting here with some idle thoughts: If you accept the adage that what happens on Wall Street correlates poorly with what goes on Main Street, what is happening in the Asian Markets correlates very poorly with what is going on in the back alleys of Shenzen and Shanghai. Asian markets and financial infrastructure are not nearly as mature as those in the West. My sense is that the shadow economies in the far east are where the action is taken place or will be taking place if the financial markets fall apart. The people are industrious, the savings rate is high, and the little princes will not be denied their PC's with Intel inside. They are going to find a way. It may take several quarters before we notice that their financial markets have little impact upon our economy. But, before then the hippy dippy know nothing analysts a la TK (experts in minutia of their own devising - with no sense or wisdom) they could cause severe panic in our markets and panic our economy into an unnecessary slow down. I will unashamedly reiterate my opinion that self serving analysts and CEO's (Sanders, Ellison, George Steinbrenner, the New England Patriot 0wner, et al) are S.O.B.'s. The good guys are the square shooters Gordon Moore, Robert Welsh, the late Roberto Guosieta, Michael Dell, Jim Barksdale .... Going back into my bunker to take cover, Mary