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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 39.11-0.6%11:09 AM EST

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To: Frank Ellis Morris who wrote (23853)6/18/1999 5:34:00 PM
From: Sonny McWilliams   of 27012
 
Hello Frank. Yes, it's a pity that every time Intel just sneezes, it get's downgraded. This was a real surprise to me that M. Edelstone would do this. You would think that he read the WSJ this morning and then talked to Intel. CNBC talked to Intel today and got more info. But, it was expiration. WE WILL SURVIVE. Maybe it's a good buying opp. right now. I am seriously thinking about picking some up on Monday.

AOL is acting better. Henry Blodget of MER is touting it still. Makes you wonder what the heck he was talking about earlier this week. Slower in Europe but faster in the US. I think this tells the whole story. 100.000 subscribers involved in the UK or Europe? compared to what over here? Anyhow, things are looking up again for AOL.

There was this manager on this afternoon from the Invesco Worldwide Telecom. Fund and he likes the internet stocks a lot. He owns AOL and is pleased with it. Ugh. His fund is up around 45% for the year and 70% for the last 12 months. Just as good as my Janus Twenty last year but a lot better this year than Janus Twenty. But, the year has not ended yet. But those telecoms are hot. LU, WCOM, Nokia etc.

I am surprised I did so well today. The market did get a little pop at the end of trading. NAZ did great. My Vrsn came back from the dead. Hopefully I will be in the green soon in all of my nets. I would like to trim some to get Msft, EMC, Csco and Amat. I guess Amat is getting hit along with RMBS because of this chip delay by Intel.

You never did answer my prev. question. Are you still in AOL? I am holding if it kills me. gg.

Kosovo. There seems to be an agreement with the Russians. Let's hope that all those diff. factions in Kosovo will live together in peace after thousands of years. It will be a tough job.

Oh. I listened to my fav. analyst this afternoon, Joe Battipaglia. I like his style. Growth is in he stressed, forget the cyclicals. I don't think he said the last part quite that strong. There is always something to buy in any sector.

Sonny
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