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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.03-4.9%12:57 PM EST
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To: William Hunt who wrote (26003)5/10/2000 2:34:00 PM
From: Sonny McWilliams   of 27012
 
Hello Bill. I am not quite sure if 35% was the highest percentage wise but point wise it sure has been the biggest drop in the NAZ and this with a good economy. Something is wrong in paradise when cos. come out with good earnings and still get whacked. First we heard, oh boy, CSCO better come in as expected or above or otherwise it will go down big time. Well, what happened? Like I said. One article by Bearons does this damage. Same thing when they went after other cos.
The one really bullish article Bearons had written at one time was about Novl with a target price of 60? And we all know what happened to that one.

And today this analyst downgraded MOT to outperform from buy and it cost MOT over 16 point last time I looked. Another analyst came to MOT's defense and called the squawking by the downgrading analyst old news and already factored in MOT's stock price. But you see who is winning this battle today. I really would like to know who is doing all this selling.

Those inflation mongering hawks seem to be getting away with everything and Greenspan with his job ECI data, wealth effect, etc. is out of sight. Unbelievable that in a modern technological driven society a good economy and good employment is bad. So much for capitalism. I guess capitalism is only for the Super Rich. Sheesh.

Was it in Cabaret that I listened to that song: Money makes the world go round? Makes you wonder what kind of money.

Better times will come again.

Sonny
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