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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.28-0.6%3:59 PM EST

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To: TechnoWiz who wrote (13170)11/14/1997 1:43:00 PM
From: Yaacov  Read Replies (2) of 27012
 
Hi Wiz,

Today there is a moderate recovery, but I don't think I will be fooled! I am not buying anything other than zero coupons and USD
non-calable bonds with max. 2003 as expiration date. I got a feeling
that US armed forces will again try to bomb Saddam into submission
(off course they will fail and they have to do it again every couple
of years for the rest of our natural lives!!!) That will send the
stocks back where we were last yesterday. It is real frusterating,
if it is not Hong Kong, then it is Chinese flue, or Mr. Greenspan
comments, or ....you pick your choice. I wonder, if the market foundmentals have changes, the momentum is lost at least for this year, and we are too blind not to see the writting on the wall!!
I am not pesimistic becasue lost momontum and changes of market
foundementals means nothing for us who have invested for a long term,
but it is good to know. What do you think.

Kind regards,

Yaacov
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