Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 40.78

+0.7%

Dec 10 3:59 PM EST

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To: Sonny McWilliams who wrote (14691)	12/17/1997 8:35:00 AM
From: W. Clinton Terry	Read Replies (1) of 27012

Sonny: I am not in much of a position to offer advice, given the state of my portfolio. What I would suggest, however, is that you look beyond GLM to the other drillers. I have a chart program on the Internet that lets me see the moving averages. All the drillers have a similar pattern. I would wait until these drillers show more positive trend lines. If however you want to take a strictly long term perspective, it does not matter and you can ride the stock every which way for in the long run this is a winner. I too am looking at the drillers, but believe that they will retrace some but will go down again towards their 200 day moving average, especially in this market climate. More advice, which is always cheap, I would not be buying anything long term until after the December earnings are out. Best regards Clinton

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