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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.56+10.3%12:59 PM EST

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To: Sonki who wrote (19663)6/1/1998 12:58:00 AM
From: Sonny McWilliams   of 27012
 
Hi Sonki. Yes, you are certainly right. Should Intel fall to the 60 area I will certainly be a big buyer. I may have to sell some of my better gainers from this year to do so. I hope we don't get this opportunity too soon. I am not ready for this. gg.

Yes again about your musings on Intel. It looks more and more that we were too optimistic on Intel and that we were not properly informed by the company. I was worried when all those sales from insiders came in and some of their top employees departed. But I am not sure that the departures of a lot of those employees you mentioned were due to their knowledge that things were not looking that rosy. I think a lot of those employees probably knew of some cuts in the work force. I am sure that you know that this alone will help the company do better. But of course it helps in the knowledge that things are slowing down some. Anyhow, I am glad that Intel is not my biggest holdings anymore but if things keep going this way it may be once again. I am sure that the delay of Merced will also delay some of the earnings growth near term. Maybe you are right that T.K. knew about this from some insiders but a lot of analysts that know Intel well are still bullish. But I do believe that we have to delay our Intel cruise with the delay of Merced. Who knows, maybe things will pick up in other areas until the Merced kicks in.

I don't believe that there is too much hype in Viagra at this time. It is a very interesting drug and PFE is working on a diff. version and the ladies will be included in all this also one day. Europe will come on probably by late summer:

biz.yahoo.com

And like you already know, Viagra is not all PFE is about.

Merck is coming out with Cox-2. It is a painkiller for arthritis etc. with less side effects to your GI tract.

I heard that B.Gates is on the board of ICOS. I wonder why. He has not been married that long and surely is not in need of that product. Just kidding. ICOS has other things on the burner also.

Sonny
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