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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.29-2.7%1:23 PM EST

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To: Frank Ellis Morris who wrote (25195)1/11/2000 6:28:00 PM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Hello Frank. It looks like getting rid of your margin was a good idea. I still have plenty left but nothing like before.

I didn't sell any of my shares in AOL. I bought my last shares in Jan. and def. don't feel like paying taxes on my profits. Even if it goes down further, I will stay put. Unless something drastic happens.

You would think that earnings by Ariba and Yahoo would turn the NAZ around tomorrow. But in after hours, despite good earnings from Yahoo, the stock is down quite a bit. CNBC can do some damage when they report those odd things. One of the reporters said earlier that the highest whisper number on the street was 22 cents. An analyst on the tube disputed this and said that he NEVER heard such a high number unless it was some last minute "Johnny come lately" and that should not even be counted. Of course CNBC never has any problems reporting stuff without being a bit more precise. Maria B. just said again that she heard a whisper number of 21. At least SHE did not say 22. But of course she never mentioned WHEN this whisper number came out. I just hate this kind of reporting. Come to think of it, maybe she did say she heard it all day. But that would be Johnny come lately. Maybe if AOL and TWX get together they will come up with a better stock channel. For now we stuck. I actually like CNBC but sometimes this reporting can hit your pocketbook. BTW, one influential analyst thought that Yahoo may be able to reach a dream number of 200 mill. or so in revenues. They made 201. He also thought that Yahoo could probably meet the highest whisper number on the street but would most likely not do so. He said you don't want to come out too high. Expectations get out of whack the next time around. It was a great report IMO. No wonder the company is pl. And they keep saying they want to stay independent. I like this 2 for 1 split. Makes the stock look cheaper when it happens. gg.

Faber harped about WCOM late in the day. Stuff like how WCOM would be affected if AOL drops WCOM and goes with TWX or T. Why this should make such a difference, I have no idea. I guess he forgot that there was reporting on CNBC that WCOM may have to give up UUNET if they wanted to merge with MCI. And I also heard a while ago that this UUNET thing could come to the surface again if they want to merge with Sprint. So, where is the beef at this time. Rehashing old stuff. It looks like WCOM is always rumored of having to give up UUNET or losing a customer. Very few things can go thru the net without WCOM/UUNET collecting. Anyhow. WCOM looks a bit better in after market hours. Yahoo is up from its low also. Ariba was over 200 but I believe it's under 200 again.

Yeah. It's always something. We have low inflation but Greenspan, interest rates, or something else can always be found when the market goes up. Interest rates are still way below a cpl of years ago and no inflation to speak of.

If this keeps up you may be able to get into AOL lower. Personally I believe this is a great deal for AOL shareholders in the long run. But anything can be run down after everyone has their say. gg.

Bigger is not always better but in this case it may be.

I'd better eat my dinner before the table gets cleared.

Sonny

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