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

To: Joseph Pareti who wrote (61849)	8/5/1998 9:06:00 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Joseph,>>>Do you think yesterday's action was inspired by Kurlak or it would have happened anyway ? <<< The mob started the selloff in the market toward the end of last week. Kurlak ran out in front of the mob and made it look like he was leading the charge. Intel got swept up in the general market sell off - Kurlak had nothing to do with it. Kurlak's influence is definitely falling off. Soon he will be totally irrelevant. Hope that happens sooner than later - but I believe he is desperate for some attention. He wants to be a market mover and he is likely to try more desperate measures. But, this time his eqo may have gotten the better of him. A technology sell off is ending and a reversal will be lead by companies with dominant market share, good profits, solid management, and relative low PE ratios. Inflation is in check, interest rates are low and there is just too much money flow and too few good investments. Where is this money going? Mary