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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: billwot who wrote (24345)9/2/1999 7:13:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Hello Bill. I had been wondering if you were at the Outer Banks when the storm hit. Good thing that you will be vacationing at Duck. Down at Hatteras Island it's a bit more bleak. I am not quite sure how exactly this will go. Between Avon and Buxton there is an 8 foot deep channel going from the Ocean to the Sound and the road has been washed out about a 3/4 mile. That channel has separated the Southern part of Hatteras Island from the Northern part. Who knows if they are going to need a bridge there now. Hm. My wife and her friends just loved to drive up and down that road to the end of the island, going shopping. At least there is no problem going North besides all this water and lots of sand where the road is. With only one road on that island it's hard to take a diff. route and they certainly have enough bridges already. All this messed up a lot of Labor Day weekend vacations. And some cabins had it.

About your stocks. I am looking forward to just holding stocks that I don't have to watch much.

Today this FED GOV. Kelly just opined that investors should not assume that it was a done deal that the FED would NOT raise interest rates again this year. They would be looking very close at the data. That's all those talking heads needed to hear to run with that story. Of course when they report it it's almost a done deal. Sheesh. If they keep that up it will just be self fulfilling again. And this Friedman economist also ran his mouth in Europe.

One big bearish analyst after another is leaving his job at brokerages. Some of them are Clough at MER's and holy smoke, Michael Metz at Oppenheimers. This last brokerage house has a diff. name now. I guess to give them a new image. gg.

Hopefully US bulls will prevail in the end. Joe Battipaglia is still a big bull and thinks that all those inflation worries etc. are way overblown.

Tomorrow we are supposed to hope again that fewer people will have jobs.

I put everything and the kitchen sink into this post. gg. So I am done for the day.

Intel did its thing again today.

Sonny
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