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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.89-0.1%Nov 12 3:59 PM EST

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To: Yaacov who wrote (26013)5/12/2000 2:41:00 PM
From: Sonny McWilliams   of 27012
 
Hello Frank. The markets opened up great. The numbers are coming down a bit at this time. DOW around 50 and NAZ around 70.

Dell is doing great considering a cpl of the analysts are trying to minimize their earnings with this 2 cent portfolio gain inclusion. But everybody knows now that analyst had fig. those numbers in already when they said 16 cents. And that shorter, Bill Fleckenstein, calls most of us morons, or at least something like it. Think of it. That guy thinks he is really smart. He had called for Dell to announce lower earnings before the earnings would be announced. Now of course he is talking about operating income etc. Those shorts just never admit when they are wrong. It's always that we are dumb and they are so smart and we didn't quite understand what they are saying. gg. I still can't believe that SI keeps him on the front page.

About those trade agreements. I am mostly for it. But I do believe it should be trade agreement and not dumping agreements. I know business wants open trade but putting a lot of cos. into markets around the world and closing down our factories, will not give us much more trade. It would be more profitable for the cos. having cheaper labor in third world countries and the eastern block. But I am not going to waste my time going down that road on here. I have called on my Congress Reps and told them what I am thinking about fast track etc. Just looking at Mexico and the like, tells the whole story. We went from a surplus to a big fat deficit after that trade agreement. Somehow there is always something you don't like about your REPS.

Inflation numbers were mute this morning but watch the FED raise after all. It's in the market pundits say and what the market wants is what the FED has to do. Heaven knows how those analysts have this whole thing turned upside down now. I thought it was the FED who was threatening to bring the wealth effect down and raise rates and not the other way around. Interesting how some things turn out in the end. gg. You talk about it long enough, things will happen. Brother, spare me a dime.

BTW. Who said a cpl of weeks ago that Japan was on its way up and you could make more money in foreign markets? Now some money managers are exiting the Japanese market.

Sonny
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