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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.94-5.1%3:59 PM EST

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To: William Hunt who wrote (25940)4/27/2000 9:16:00 PM
From: Sonny McWilliams   of 27012
 
Hello Bill:

Here is my one post for the day while on vacation. Hmmm, the eci number was a little more than expected this a.m., and the positive futures headed south kind of quick after that number came out. But, hooray, our techs did great. I was a little worried about the 3500 level on the NAZ after a lot of those pundits kept yelling: if it does not hold 3500, next resistance level 2900. Well, we stayed above 3900 and what a nice rally ensued. After the market kept going up, suddenly analysts featured on CNBC remembered that there was a lot of money on the side lines waiting to get into the market. Okay, cisco, wcom, intc, qcom, etc. ended up well.

It looks like a quarter point rate hike is factored in and even talk about a half a point did not deter the NAZ today. Lets hope this Friday will be better than last. After all we had very good earnings.

Talk to you all again tomorrow.

Sonny
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