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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (6548)8/10/1999 1:19:00 PM
From: Berney  Read Replies (3) of 11051
 
Sorry, but I've been busy!

Folks better stop taking profits or this is going to start getting serious. Isn't it about time for IBM to announce a share buy back or something?

Morningstar doesn't use sectors per se. They use the SIC (Standard Industry Classification) codes to group the stocks. Clearly, tough to peg something like GE in a SIC code. You have to remember that they came to stocks from mutual funds. Their goal there, I believe, was to try and display how a fund's diversification was compared to the S&P.

In my personal account, I managed to get out of T yesterday (at a loss don't you know -- but it could have been worse). Did pick off a short on VRC at the close at 12 15/16 and just covered at 12 1/4. The vulture is still looking for something to kill, but, boy, some of these Big Boyz are looking attractive.

Obviously, I'm totally an unhappy camper to have my Phleet out to sea in these rough waters. Oh well, I be here, and the crew has all been issued buckets.

PBTB
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