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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Sonny McWilliams who wrote (11792)10/20/1997 10:56:00 AM
From: Yaacov   of 27012
 
Sonny,

Thank you for the post. INTC was falt in Europe and so were the markets in Zurig, London, and Frankfurt. All waiting for the US market
to lead and today is critical. I spent the day in Lugano talking to
few bankers. The general consus is that Greenspan will not raise the
the rates this year!!! They think that he did what he did to cool the
market. The correction was long over due and it will be nothing but
a correction, and that the upward trend and foundementals for such
trend are still there. There people that think in 1998 the Feds may
even reverse policy and we could see a downward trend if there be a
danger of recession.

Yesterday I asked Frank a question but I didn't get an answer from
him. I heard true some contacts that MSFT will announce split by the
end of 1997. Sonny, do you know anything about that?

I can only wish you luck with your trading and hope all goes well.

Kind regards,

Yaacov
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