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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Sonki who wrote (2056)	7/1/1997 6:40:00 PM
From: jmac	of 42787

Hi Sonki. Long time no write. I still have my INTCW. Too bd I didn't get out weeks ago. INTC looks pretty weak right now as does the entire tech sector. I believe INTC will hit 137 and maybe back into the low 130s at which time I will be doubling my position by buying the VNL series leaps (probably the 140s). Bottom fishing is hard and I have never been good at it. But, I have riden this down from 168 and I am not going to just ride it back up with the same number of shares. I may start to buy at 137, then add at 134 and again at 130. Just my thoughts. GOt out of my MRK at 101 3/4. Guess I could have hung on a little longer. The drugs and oils have been the only good performers. What have you been doing? P.S. Gates and CBS. We have MSNBC, soon MSCBS, when will he go after a piece of ABC?

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