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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: Fred Fahmy who wrote (25719)7/8/1997 1:27:00 AM
From: Sonny McWilliams   of 186894
 
Fred. RE: 20% correction.

An Analyst from Morgan Stanley called for another 20% drop in the DOW. I think it was their Global manager. He was on CNBC late Monday afternoon. He said he reduced his stock exposure by another 5%.

He is now 53% in stocks, 32% in Bonds and 15% in cash. BTW, the 5% stock reduction went to his cash position. Hmm,

Sonny
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