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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 39.88-1.6%11:52 AM EST

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To: Sonny McWilliams who wrote (24083)7/21/1999 5:35:00 AM
From: Frank Ellis Morris  Read Replies (1) of 27012
 
Good morning Sonny,

The futures have turned to the down side again and I guess we may be in for some more selling today. One comment on the raging bull board stated that all you have to do is buy on the rumor and sell on the news as in what happened with IBM and Microsoft. Yea right he makes it sound so simple and we should all be gazillionaires right??
Just when you think you know for sure what the market will do the rules get changed and the surprise too. After what happened yesterday this may have set the stage for similiar events in the future. While in Atlantic City on Monday I was able to watch a little of CNBC from my hotel room and noticed that the tech stocks were sliding well before the earnings release of IBM and Microsoft. Yesterday's pounding was the fourth largest ever. Have you ever been to Ventnor, Margate, or Stone Harbor?? Some of those beach front properties much be in the millions? I wonder what kind of stock portfolios they have??

Have a good Wednesday
Frank

The weather is much nicer here today but the heat wave is supposed to return in a day or two.
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