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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 38.16+2.5%Nov 7 9:30 AM EST

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To: Sonny McWilliams who wrote (26430)9/6/2000 6:11:44 PM
From: William Hunt  Read Replies (1) of 27012
 
Sonny ---Hope you are enjoying your trip to Seattle to see the family . Finally starting to see some clear skies back in the east after all the rain . I am ready for some sunshine .
Amazing how the analysts whip the market to pick up fire sales on the tech stocks . Micron today , Intel yesterday . SG Cowen raises Micron yesterday to 118 target ---today DLJ lowers to 50 after having a target price of 125 ( By the way it never got there ) . I do not believed in the market anymore ---it is not about growth or value etc ---merrily manipulation by the big boys . I will wait it out until I break even but I have a hard time dealing with something when their is no logic involved . Even Dan Niles today said he did not see what the analyst at DLJ was talking about .
Boy this no energy policy is a joke ---Both republicans and democrats have no idea on how to make the country energy independent . I really would to see some focus on this issue instead of spending the budget surplus for the next ten years . The lack of long range planning is really going to bite us in the butt this winter - 40 % increase in my natural gas plus on top of a 70% increase in the price of gas from last year .
The prescription plan that is being promise by Gore is not even funny . It is very similar to what Clinton promise several years ago . I work up the savings for my -mother -inlaw and it was a grand savings of 200.00 toward her first 2000.00 spent on drugs each year . By the time you process the paper work for the amount the government has spent two hundred dollars in labor to reimburse you . The politicians needs to stay of this issue ---this will become one of the big spending programs that will come back to haunt us in the future .
The good part of today is knowing that we going into seasonaly the best part of the market upside ( if their is any ) starting in October ---Hopefully we will make some money

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