Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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3:59 PM EST

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To: dougjn who wrote (19647)	5/30/1998 1:01:00 PM
From: Sonny McWilliams	of 27012

Hi again Doug. Thanks for your post. I am sorry to say that I agree with you about Intel's near term outlook. I am not quite of the same opinion when it comes to T.K. I do believe that he has been more lucky than anything else. I don't look upon his track record as well as you do. Yes, in hindsight, he is right again this time to some extend. But, like I said, he had no knowledge of this new event with Merced. I would call his calls on Intel spotty at best. Of course, it looks like we did not fare much better with Intel's guidance. We have been getting important news rather later than sooner and less more than more. Hm, where did I hear those phrases before? gg. We were expecting slower growth and flat quarters for some time for Intel but this does not look good. I am not overweighted in Intel at this time so I may just sit on dead money for a while. I may re-think this strategy after I hear more about this whole ordeal next week. All this pressure Intel is under and the GVT is still thinking about an Anti-Trust suit? It basically does not make any sense. A lot of our top notch companies have all the competition they can handle and don't need the GVT as another foe. I just listened to a Public broadcast. They had this Lady Writer on who wrote a book about our Law system not being able to keep up with all this new technology. She had very good ideas. She suggested to train diff. Judges in diff. areas of technology and then have specific technology law suits in front of those Judges. And she mentioned that this would have to be applied to Jurors also. In other words: You do really need Jurors of your Peers. It makes no sense to have Jurors in a technology case when those Jurors have no idea about new technology etc. It was a very interesting show and did make you think about who in the end decides the fate of certain companies. Coming back to Intel. We have been going through all kinds of problems with Intel in the past but could always be confident that in the end we would benefit by sticking with it. I think the same will be the case again. But you are right. I think this time our patience will be tested quite a bit and if I still had lots of Intel I would lighten up for a while. Like I said, I will have to think about this further. But on the other hand I may not have to. It looks like Intel took a beating after the market closed yesterday and who knows where it will be on Monday. A lot of the traders had left the floor before this news came out. Intel was going to wait until Monday to tell but was forced to make it public late Friday after the story appeared on the Internet. That reminds me: Those sales by insiders don't look that normal to me anymore. I had questioned those big sales lately. I think I smelled a rat and am glad that I sold some more of my Intel. And the departure of F.Gill in his Prime did not make me feel much better. With all this stuff going on you do wonder if buy and hold is the best way to go in this environment. We are always being told: Look at Warren Buffet! Well yes, look at him. He sells when he sees the need. Ok, enough whining. Let's hope things turn around sooner than we think. And again, Intel does not think that the postponement of Merced is a big deal. And they are looking for new avenues to expand their business. My grandchildren are still in Intel and I am sure that it will contribute to finance their education. Have a nice weekend Sonny

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