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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: jmac who wrote (23761)6/3/1997 7:52:00 PM
From: Sonny McWilliams   of 186894
 
Jmac, I know it doesn't help, but I am in the same boat. I am fully margined in Intel and when it went to 165 in January I was going to sell part of my margin position and pick some up again if it would come down some. But the upcoming split made me change my mind. Then this time around I was originally going to do the same thing, but it went so strong through 165 that I changed my mind again and decided to even buy more. It doesn't matter in the long run, but this is the way I have been picking up extra profits along the way. I always hold my core holdings.

About the other matter again. Probably nothing is down 10 points after the market today. They were talking about the networking stocks being hammered and must have been talking about CS being down 10 points after the market yesterday. They were waiting for Newbridge so I assumed that they were talking about Newbridge and you know what they say about assuming!! I won't do that again. Sorry everybody.

But I did hear a lot of talk in the meantime that things should turn around again within the week. Hmm. I hope Intel just sits there before going up again. I guess we just have to wait and see.

Sonny
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