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 38.33

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3:59 PM EST

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To: Sonny McWilliams who wrote (26697)	12/6/2000 4:22:22 AM
From: William Hunt	Read Replies (1) of 27012

Sonny --Great to have you back ---Really miss you input .From briefing.com this morning : "Yesterday's surge was an important building block for a more sustained advance in the months to come... Can't underestimate the importance of the shift in Fed tone... Also encouraged by the drop in oil prices to a four-month low (one factor which will make it easier on Fed to lower rates early next year) and below key support at $30.20... Finally, election outcome growing clearer every day (to all but Al Gore)... Improvement on all three fronts (economy, energy and election), combined with the still oversold condition of tech sector, suggests that there is more room to run over the short-term... Briefing.com continues to target the 3000-3100 area... Heck, at this rate we could touch the low end of that range today". I wish Gore would concede and run again in 2004 --he is really leaving a bad taste . The judge hearing the case for Seminole county will make the decision whether he is still alive by what she does with the absentee vote count . The two big positives today was oil prices and of course MR Grinch ( the guy that will fix it even if its not broke ). Oil prices below thirty dollars is a big positive ---would really like to see OPEC collar of 20-28 dollars a barrel work for a while ---reason ---stability . Big number this morning ---Productivity ( 3.4% ) --hope it does not come in lower ---we really need this to be a positive to recoup some of our losses . BEST WISHES BILL PS QCOM has a target price of 125 by several brokerage houses for what it is worth . The big catalyst is that next month China Unicom will finally let contracts for a 10 million subcriber mobile phone network . If we have a pullback ( not if but when ---profit taking ) you might want to buy some shares . The news over the last three months has been very positive ( take a look at the base building it has done ).

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