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 37.55

-2.0%

2:29 PM EST

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To: greg s who wrote (26637)	10/18/2000 12:27:57 PM
From: Sonny McWilliams	Read Replies (1) of 27012

Greg. The point I was making. Why warn so early? As it turns out they came in as expected. Jumping the gun was def. not to the benefit of investors. I don't think the stock would have lost MORE than almost 60% if they had waited for a bit more data. Never mind those disclosure rules. It seems that Intel is late at times and now they were too early. I am glad that they are starting to take Msft's stance. Always be cautious, you may fare better. It did not work for Msft lately but we all know that there are other factors involved. Hm. I guess Msft is announcing their earnings today? BTW. I don't know if you heard one of the comments made on CNBC this morning. One of the guys there mentioned that he talked to the analyst last night that downgraded Intel. That analyst opined that he thought investors were going insane. He had orig. thought that Intel could maybe go to 60 but 37? He also opined that money managers seemed to be angst stricken. Like get me out of some of my stocks that went down a lot. You know, the end of qtr coming etc. Now, I guess this is the capitulation some technicians were talking about. Maybe Ralph Bloch was right yesterday. He said he was going to put his head through a blade, or something like that, and would call a market bottom. He wanted the DOW to go down to its prev. low but the NAZ could stay above its low. The DOW obliged this morning but the NAZ may have gone lower also. But - what a turnaround now. Let's hope it holds. Intel is up nicely and so are quite a few techs. The DOW is held down by the big sell off in IBM and JPM. Well, J.Osha of MER was on a little while ago. Squawked about Intel again, like sell into strength and dead money next year, and it is of its high now. Sonny

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