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Technology Stocks : Intel Corporation (INTC)
INTC 37.01+3.4%3:34 PM EST

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To: Paul Engel who wrote (86423)7/31/1999 5:16:00 PM
From: Frank Ellis Morris  Read Replies (3) of 186894
 
Good afternoon Paul and All



I have been in discussion about Allan Greenspan with some of my friends,
associates and many good folks here at SI. My attacks on Greenspan have been in
retrospect a little sharp and immature. The personal attacks on him as an
individual was uncalled for. A little criticism is good but professionalism, character
and class is of personal importance. In reading over some of my posts this past
week I am ashamed for the straying and stooping to some unacceptable playing
fields. I extend my apology to anyone I have disappointed and offended and to Mr.
Greenspan. The man has been an excellent chairman and does his job effectively at
controlling inflation. The majority of my friends feel that Allen Greenspan should
remain at the helm and I can see merit in this. I wish him a very long safe and happy
life Volatility is just a small part of the long term results. It is the media which
creates the passion, fear and much of the turmoil in the financial markets. We are
all responsible for our own action and investment decisions. I do not really believe
that the Fed bumping up interest rates another quarter point or two will effect the
stock market long term. I also feel that after the year 2000 begins that the markets
will experience a boom unlike that we ever seen. It is therefore my opinion that we
all stay focused on the 5 and 10 year horizon. The particular areas of growth which
I see as a explosion of opportunity for investors will be in technology,
telecommunications, computers, software and health care. The sell off of stocks
now is a buying opportunity or a time just to sit back and rest. You can clearly see
my investment policy by reading my profile. I have not deviated from this. Best
wishes to all my fellow investors in the next century.

Best Regards
Frank
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