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 46.96

-2.8%

Jan 16 9:30 AM EST

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To: billwot who wrote (9531)	9/12/1997 5:25:00 PM
From: Sonny McWilliams	of 27012

billwot, all the economic data came in good today. So the market started up with over 50 but then the economic news got disected and there was 1 upward revision from the previous time and that caused the market to tank. At the end sanity prevailed. The bond market was up all day so the bears had a bad scenario to supress the market today. First Friday up in a long time, should be good for Monday unless bears can dig up something in a hurry. Intel, and therefore the tech sector, stayed down probably in fear of a rumored pre=announcement from Intel. I think Sonki called and there seems to be no announcement. Read her post to me, I only saw the caption of her post to so far. APM was up to over 33 but then fell back. Maybe Monday will be a good entry point for me. I don't know if you have IOM. There seems to be some problems. You might want to check the thread, that what Truff is saying. I guess no IOM for me at this time. AMD had an upgrade from Morgan Stanley, Sonki alerted us to it. Intel is forming a small co or alliance with AMD, Msft and another co., so AMD might be worth a looksy. I read that yesterday btw. Now to NB. Lady money manager from one of the brokerage houses was on Taking Stock and said that NB was one of her favorites and the bank stocks will do fine. She has a target of 70 for NB, I think 1 year target. I don't know if that sounds good to you or not. They also had a guy from a bear letter on this afternoon after the market closed and he said that the market will be 35% lower, I guess by next year, nuts. Analyst from Furman Selz said he is strongly convinced that the market will be at 10.000 within 9 mos. OK, now you know almost everything that went on today and you can enjoy your weekend without checking all around. gg. WDC was up the last time I had seen it. Sonny

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