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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 45.51+10.7%Jan 9 3:59 PM EST

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To: Ann Janssen who wrote (11449)10/15/1997 12:39:00 PM
From: Sonny McWilliams   of 27012
 
Ann, hm. Your guess of 20 mill. shares trading for today was pretty conservative.gg. I made it a point to get up before 6 this morning to take in the early action. Intel traded over 21 mill. by 10. What I found very interesting is that I used to debate with Intellabees that the warrants do not accelerate on the downside which used to be the general assumption. The warrants had traded consistently about a point better than the stock itself. I was not complaining. The spread has narrowed in the meantime.

I did not listen to the audio. I kept abreast of things by quick commentaries and the net gives you fast updates. The market sure turned around when it looked like a disaster waiting to happen this morning. The strong retail numbers looked dangerous to our health this morning but it looks that Wallstreet is taking it in stride. After all, if we want stronger earnings, somebody has to buy something. gg. It always amazes me how Wallstreet thinks retail is bad when it is up and it is good when earnings are up. Something amiss here.

Have a good day

Sonny
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