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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 44.06-3.2%Jan 12 3:59 PM EST
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To: Sonny McWilliams who wrote (7707)8/16/1997 6:14:00 PM
From: W. Clinton Terry   of 27012
 
Sonny:

Thanks for your thorough post. I have been reading what you have written over the past few days, in fact for some time now. You thoughts are always welcome and they are in basic agreement with mine. I agree that options are bit more worrisome, however, LEAPS take a bit out of that. Unfortunately for me, my greed (or whatever) caused me to enter into a few shorter termed options that will probably be probelms. However, they are off set by other gains. If there is another 10 percent slide downwards right away however, I will be faced with some rather difficult decisions.

I too am collecting available information this weekend and will share what I find. I think there is a consensus building that there will be some reversal of the down tend next week. I also am hearing that there the days of rapid upward movement may be diminishing. This may be good in the long run.

I am looking at the drug issues next week, perhaps Lily and Warner Lambert. What do you think of those picks. Are there some better ones in the drug area. Unfortunately or fortunately depending on how things turn out, I pick up some Mylan Friday and will try to average those down a bit next week. We'll see.

Clinton
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