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 37.24

-2.8%

3:59 PM EST

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To: William Hunt who wrote (26633)	10/18/2000 9:18:57 AM
From: Sonny McWilliams	of 27012

Good morning Bill. Things don't look too good this morning. A lot of earnings are still coming in as expected, which evidently is not good enough, or down some and the stocks are getting killed. Interest rate hikes are doing the damage now. Despite the rate increases inflation numbers were up in the latest numbers. Energy and food. I can see why. With no energy policy and energy costs are this high, things are finally being passed on to the consumer. Gasoline prices for truckers etc. are high and the stores have to pay more for deliveries. But this statement is just a simplified statement of course. Increased costs are starting a lot earlier. It looks like the techs and the nets will be taken to the cleaners again today. Intel came in alright but even Intel is down this morning in pre market hours. The futures look pretty grim. Sonny

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