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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.71+2.5%10:57 AM EST

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To: musea who wrote (24519)10/17/1999 9:03:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Hello musea. Yes. Of course. I didn't mean to agree with that guy on the late stage bull market. I think this book DOW 36,000 makes a lot of sense.

Yes, I have also been a big defender of A.G. But there is a limit to an admiration. Like I said: A guy in his position should stop bad mouthing the market. He didn't exactly do it this time. But he did kind of comment on that DOW 36,000 book. It came out quite a while ago and he had plenty of time to talk about it then. You don't do it at a time when the market has 1987 jitters. It has been a given, ever since Black Monday in 87, that a lot of those analysts like to bring this up in Oct. We don't need the Chairman of the FED to fuel the fire.

BTW. A.G. has NOT been infallible. He cost Bush Senior his 2nd Presidency IMO and if he keeps this up, he will cost us stockholders a lot of dough.

I hope he is not working on going senile. gg.

Another btw. Bill Gates himself contradicted his guy Steve Ballmer. Bill G. stated in Europe that it could LOOK like the techs are a bit overvalued but he thinks that techs, especially the net techs, are probably NOT overvalued. He opined that investors are willing to invest now for big paybacks in the future and some cos. are already profitable now. Shows you again that quite frequently the right hand does not know what the left hand is doing or visa versa.

Back to my football game.

Sonny

P.S. Just checked Globex. It does not look like Black Monday tomorrow. The NAZ 100 is actually up 100. Let's hope it stays that way. I am reading that you are ready for bargain hunting? I am keeping an eye out for buying back my trading shares of Intel.

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