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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Frank Ellis Morris who wrote ()4/1/1997 2:36:00 PM
From: Sonny McWilliams   of 27012
 
Frank:
Dow was down quite a bit just a few minutes ago. But already recouped half of it, to minus 25. Some analyst was shown on CNBC stating that the TECH stocks are a screaming buy, but that he was waiting a bit longer before buying. I mentioned to you last night, that JB from Gruntal was also touting the TECHS. Also, last night on PBS or Moneyline, big wheel from Ehrenkrantz mentioned he was staying with Philip Morris (one of your stocks) and recommended Intel for traders. Richard McCabe, from Merrill Lynch, stated just now on CNBC that we are beginning to bottom out, but still expects 10% down from the highs. Buy and hold should still be a good way to go. Dow is now down only 2 points. Have a nice day and lets hope things are getting better soon.

Regards,

Sonny
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