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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.38-1.3%3:59 PM EST

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To: Sonny McWilliams who wrote (12640)10/31/1997 7:49:00 PM
From: dougjn  Read Replies (1) of 27012
 
Sonny, please sell SGI at first sign of sig. strenght/rebound. It is in potentially semi-terminal mode. I guess it could get bought out, but don't expect big premium. Big trouble.

Do not buy anything in the computer world until you see 1) lots more FUD concerning 1k computer, corps not upgrading or not much, instead going for more server capacity; 2) rising voices that 98, 99 will look good, demand for high end is there. I think at best the computer techs trade around here for 3-6 months (up 5% from day, down 5%); at worst, go down another 10-20% (yes 20) before heading up.

I have no investments in area anymore, other than some super deeply in money intels. All other intels I have blown out, and from here would at the next wiff of 80.

My opinion. Trying to help. All help this direction gratefully recieved.

(I've gone from 40% up for year, to abt 15%. Not pretty. :( )

Regards, doug
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