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 38.44

+0.7%

Nov 10 3:59 PM EST

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To: William Hunt who wrote (26297)	7/28/2000 1:22:03 AM
From: Sonny McWilliams	of 27012

Hello Bill. Just got in and will post a bit more tomorrow. Yes, I go along with most of the things you said. That durable goods order of 10% was really a non event. After all, a big chunk of it was orders by the GVT. Can't blame the consumer or business for that. The core was just about in line. And the ECI numbers were absolutely great. Everybody harped early on in the morning that this number could come in quite a bit higher because suddenly the GVT includes hiring bonuses and pretty soon they will be working on stock options. There is always something they are trying to add. Most the damage in the NAZ started with Nokia, WCOM and the downgrade of Amzn. Colin Powell. I heard that he was asked sev. times but def. declined. I am sure he will be named at the Convention as Sec.of State or Sec. of Defense. BTW. He is still on the board of AOL. I would like to see him at this AOL/TWX hearing with the FTC, FCC and opponents. After the foreign policy disaster in the last 7 years, I take Cheney any day. I liked your other choices also but that would not have satisfied the other side either. The attack dogs would have called it an inexperienced ticket. They are still attacking Bush as inexperienced after running a big State for all these years. Arkansas fits into the back pocket of Texas and guess who came from there. I have nothing against Arkansas. It has a Gov. now who is trying to make a difference in that State. It probably has moved up from the bottom of the barrel economy wise by now. About Oil. I listened to some of the Senate hearings on Energy today. I listened in particular to Sen. Bennett from Utah on C-Span. It was an earful. You could have learned why gasoline prices are so high. Nothing to do with the oil cos. Everything to do with short supply and more usage. And everything to do with a sorry energy policy. Every exploration from this so called clean coal, nuclear, oil drilling over here and nat.gas is being nixed by the administration. This Sen. said that the biggest threat to our economy in the future will be no energy exploration of any kind, if allowed to go on this way. Even that dam that could give us this hydro stuff is being attacked and could be torn down. I guess Mr. Gore means what he wrote in his book. We may have to go back to horse and buggy. I have to get off here and will post more tomorrow about the market and stocks in particular. Just one more thing. Talking about QCOM. Did you see my Nokia? The CEO said that their growth for the next quarter will be a bit slower than the record 64% in this quarter but that things will be back to higher growth after that. That was worth a decline of 25%. Sheesh. It's supposed to be only about product transition. I guess they will be getting rid of the older models by reducing the prices on them. Hence a little less profit. I will try to sell something and buy another 500 shares at these prices. Hm. And INSP. Took a nice dive by buying SI. Well, actually Gnet. I will buy more of that also. And then there was my WCOM. Sigh. Glad to have taken profits in ARBA at 130. Amzn is starting to look interesting to me again. How low can it go? Anyhow. Do you know this segment on CNBC: Who lost money today? I guess you can figure it out. Ouch. Some of my biggest holdings along with AOL. Was not a good ride either this week. But I am determined to hold for the long term on these stocks. In my prev. post to you I mentioned that long term for me was now 1 year. I of course meant 1 year and up. Not to say that I would sell if something basic changes. Well. I guess short post got a bit longer again. gg. Sonny

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