Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 35.94

-5.1%

Nov 13 3:59 PM EST

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To: Sonny McWilliams who wrote (25958)	5/3/2000 12:20:00 PM
From: William Hunt	Read Replies (1) of 27012

Sonny --As Louis would say "Welcome Back " . First it was Goldman recommendation that you cut Techs --raise cash . Big Nasdaq tumble . Next do not own financial's ---interest rates going up ---economy too strong . Today ---do not own retailers ---economy slowing down but the Fed is still raising interest rates which means retailers will really go down . This while the Treasury is going to reduce the National Debt by 211 billion this year . The only scenario that I understand is that interest rates hurt the old economy stocks therefore the only way they can increase the bottom line is to increase productivity which requires an increase in technology spending . In the short term it is a pain but I know where the growth will be for the rest of the year and so do the Houses . After the debacle of using MSFT as a scapegoat for everything under the sun the only thing the Houses want is to buy technology shares cheap . Hope you had a great visit with the family and it is good to have you back BEST WISHES BILL

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