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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.51-7.4%Dec 4 3:59 PM EST

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To: Frank Ellis Morris who wrote (24133)7/31/1999 2:54:00 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Hello Frank and thread. Interesting article.

fool.com

Yes, this Atlanta thing is terrible. I know that I could not do a thing like that even if I suddenly lost every penny in the market. I believe you almost have to be nuts to do a thing like this guy did.

Yes, this market is out of control. Now we can look forward to hysteria every time a little data is coming down the pike. Those analysts and economists are now in 7th heaven. I am even getting tired of keeping an eye on CNBC. All they do is run their mouth about every little thing now. And then Ron Insana mentioned about a half hour before closing that there was a rumor around lunch time that there was a lousy article about AOL in this weekends Barrons and of course AOL immed. dropped down about 4. I was pleasantly surprised to notice just now that it ended up a lot better as when I saw it last around 4 pm. I hope he mentioned that rumor when it started and did not just broadcast it just before the end of trading. Anyhow, almost everybody is getting into the guessing game now and it will be more necessary than ever for us to look at the data ourselves and decide what we want to do. I am hanging in there but I am not as confident as I used to be with all this stuff going on. We are now having some top guns on the AOL thread badmouthing the stock. Valuation game etc. I guess you know what I am talking about.

At least there was a little good news I heard today. My fav. analyst, Joe Battipaglia, is still looking for 12.000 by the end of this year and thinks all those down days are good buying opp. I sure hope he is right.

Too bad Intel did not end up at its all time high. Well, next week is another week.

Still darn hot around here. That ice storm we had in the spring did a lot more damage to some of my trees than I first thought. We have to use some cables to make them safer for stormy weather.

Have a nice weekend.
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