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

To: MythMan who wrote (42787)	12/18/1997 6:17:00 PM
From: Dale J.	Respond to of 186894

<<re: The Prudential strategist, who had been predicting that the Dow would reach 10,000 by the middle of next year, said he now expects the majority of stocks to suffer declines of 20 percent or more next year. "It's a bear market," Acampora told reporters. He made the comments first to clients Thursday morning and then at an annual strategy forecast luncheon.>> The strategists and analyst just play their position. If the market goes higher in January he will tell his clients to get back in and he will predict 10,000 by the middle of next year. Besides the long bond is 5.9% Unemployment is a 20 year low of 4.7% Inflation is a paultry 2% Most econimist said the economy was overheating and the Asian Crisis is not a bad way to slow it down.

To: MythMan who wrote (42787)	12/18/1997 6:24:00 PM
From: Road Walker	Read Replies (2) \| Respond to of 186894

Pete, re: "It's a bear market," Acampora told reporters." In the traditional wisdom, when the last of the bulls become bears, what happens next? Re: Still think we've seen bottom? Never said that. I will repeat, we are CLOSE to the bottom for Intel (notice some support kick in today?), and I would expand that to most of the leadership tech stocks (X IBM & MSFT). How do you feel being short MOT, MU, virtually the only tech stock that was up yesterday and today (X AMAT) <g>? John ps Being a Bucs fan is like being long AMD, brief exhileration followed by dose after dose after dose of grim reality.