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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.73-0.3%11:15 AM EST

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To: Sonki who wrote (13601)11/26/1997 4:05:00 AM
From: TechnoWiz   of 27012
 
Hi again Sonki: As I was rereading msgs I just noticed your comments re Txn and Amat. Personally, I would rather stick with the strength because, (I'm not saying miracle recoveries cannot happen, but), TXN, AMAT and to some extend highly revered INTC are beginning to take on a somewhat GHASTLY appearance from a technical standpoint. Frankly, if we don't recover pretty smartly in these issues I would have to say I would be somewhat concerned. I was encouraged by the action in a number of tech issues today esp MSFT and I am hopeful that they will drag some of these weaker issues higher.

I think AMAT is particularly vulnerable to Asia collapse and TXN is being negatively impacted by recent deveopments in bandwith advances by significant competitors.

Be careful with these issues. I am skeptical about bonds in the longer term, we'll have to see how things evolve over next few months.

rgds

Wiz
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