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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.75-1.5%10:09 AM EST

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To: Yaacov who wrote (26661)10/25/2000 2:35:44 PM
From: Sonny McWilliams   of 27012
 
Hello Yaacov. Thanks for the article. You can see what has happened to NT today. CNBC reported that there were loud outcries on the trading floor when NT and Haliburton opened. It was supposedly a mob scene. Block trades of 10,000 and more were all over the place. Money managers sold in droves.

I am actually thinking about catching a falling knife here, even though things like this have not worked out well for me lately. What a crazy market.NT in the 40's. It is sooo tempting. About those outcries. I wonder what happened after SDLI was down almost 80. Sheesh.

A lot of my stocks are taking a dive also but luckily not like that. Most of my stocks are in a roller coaster ride lately. Up a cpl of days and then they lose everything in one day. Intel and Wgat are the only stocks that are up for me. AOL did well earlier.

I don't blame you for having gone into cash. I was debating. But today even a cpl of bears thought it was getting a bit late to get out of the techs. So I guess I stay and see what happens. I believe it now depends on how strong someone's nerves are and if they have a little longer time frame. My nerves are very fragile now. I don't even want to look at my portfolio at this time. But hopefully things will look up after the funds stop selling by the end of the month. It's there tax selling season. Then all we have to worry about is tax selling by individual investors. I raise my hand here. Ugh. But I have some profits to offset. Thank goodness.

About your AOL question from yesterday? I am not sure when or if the deal with AOL/TMX will go through. The cos. believe it will happen and AOL is talking some more with the FCC or FTC. Bob Pittman was on a little while ago. I missed it. But I put the tape on when I walked away from CNBC. Just hearing things in passing, at this time, will not do. Sigh. If I hear anything, I will post it to you.

Sonny
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