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 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Sonki who wrote (13015)	11/10/1997 4:58:00 PM
From: dougjn	Read Replies (1) of 27012

Sonki, why didn't you read my posts in wcom & then mcic over last month? Lots of people there followed my consistent and absolutely certain advice (so far as I was concerned) as to what to do. (I am very rarely so certain. Of course nothing is absolutely certain.) I am holding a huge position in Mcic avg. price 35.25 I had very large position in Wcom since 24 in late spring which I sold day after initial offering by wcom, for Mcic, which I picked up at abt 35.25. Then I bought more of it. Cause I knew Wcom quite well. Was absolutely certain they could beat anyone by 2nd day of looking. And that they would. Only question was how high they might have to go....And there was fabulous downside protection in a toppy market... Then I bought even more around the mini panic time. Then, Thursday I told everyone on the threads that I saw very strong upward motion in Mcic stock that suggested to me that a deal was leaking....and even though I hadn't been expecting for a week or two on deal dynamics, bought more. At 37. When it went down next day in strong slump (but held up real well, relatively), I even bought a bit more. Detailed reasons why all the way through. Not gonna go through it all again here. Deal WILL close at 51. Only issue is how long it takes. Small chance of small portion of Wcom/MCI/s internet assets required to be sold as a condition. Small part. Small chance. Wcom/Mcic synergies are the most compelling I have ever seen in a major deal in my career. Absolutely compelling. Wcom is cheaper, in terms of earnings effect, than the great majority of major deals. Reason why is Wcom/Mcic synergies blow away anyone elses w/MCIC. Anyway, I laid it all out. Regards, Doug

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