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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: musea who wrote (25839)4/12/2000 1:31:00 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
musea. It has always been better to hold stocks for the long run. But sheesh, some mutual funds call long term now 1 month. I believe that this internet has made this market a fast moving event. We are not entirely at the mercy of brokers anymore. (Only when some of the bulls and the bears get together and try to stab us in the back) We can do some of our research pretty nicely now and company news, good or bad, gets out to the public almost instantly. I have bought and sold more in the last 2 years than I have in all the time I have been investing. You kind of get caught up in this new market frenzy. I don't believe it's the best thing but you kind of worry that you are being left out if you don't go along with this new paradigm. It's said that you can't teach old dogs new tricks. But I have been trying. gg. Look at some of those oldtimers exiting the markets. 2 Hedge funds sold out just lately because they do not understand this new stuff. I really don't understand it too well either but I am trying to adjust.

Look at Mobius from Tempelton. Badmouthing the nets. I looked at their Mutual fund performance lately and it's nothing to write home about. No wonder we need to bash the internets in order to get that other stuff going again.

I will stay mostly with the techs which include telecoms and some of the nets. I still believe that's where the future lies. As soon as those value plays are up there, tech will be in again.

I would play the bio techs through the pharmas if that's what you are looking at.

Sonny
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