INTC Message Board - Msg: 1835054

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Technology Stocks : INTC

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Barry Grossman who wrote (619)	7/25/1997 7:48:00 AM
From: John Carragher	of 990

Barry The cultural norm is changing. Many of my friends took early retirement or were downsized out... They took lump sums and turned them over to companies like Smith Barney and Merrill Lynch to manage. I don't know of one person who is managing their own account. I can't understand why they wouldn't buy some blue chip companies like intc etc and save the overhead. Most of these people can't afford the overhead. The same feelings are true of getting a computer. They want the e-mail and the ability to access the journal etc however not at these prices. A few after watching me for the last 1 1/2 years are slowly moving to some stocks and are looking at discount brokers and a pc. They have the time to do these things and I advise them to be very careful. It may not be the best time for them to change unless they are willing to put the time into it.... Thanks for your input. John ps some like golf 24 hours a day and that's OK, it is their hard earned right, however these folks are in their mid 50's and their savings need to go a long way.

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