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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.51-7.4%3:59 PM EST

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To: Tony Viola who wrote (20450)8/4/1998 3:27:00 PM
From: Sonny McWilliams   of 27012
 
Tony. Last time I looked Intel was down only 1. I think most of our techs are holding up tremendously in this selling pressure. Only WLA is killing me. Sonki was wise to get out at 80. But, it will come back. I just heard that the Chicago futures are supposedly closing above a double top which is supposed to be good. Hm, I am not too swift on those kind of technicals. Above a double top? And I thought just a double top was not that great. Oh well.

I decided to watch the Campaign Contrib. Hearing. Wow. They had the FBI director, Mr. Freeh, on and two other top investigators. The hearing was about turning over an internal memo to Janet Reno in which the FBI director and one of the top investigators recommended the appointment of an Independent Counsel on Campaign Contrib. and Janet Reno has not appointed one yet. She does not want to part with the memo either. That was more eye opening than the market. Too bad that this is only aired on C-Span. It would make a nice addition to the Clinton/Lewinsky case. It was so interesting that I did not turn to CNBC until all this big damage was done. I joined the party when the Dow was down 165 points. It has recovered some since I have been watching again. gg. Sure hope it gets even better.

Yeah, it's open season on Intel and Msft. Watch out if you get big. That is only reserved for GVT. gg.

Sonny

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