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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Captain Jack who wrote (13855)12/2/1997 11:21:00 PM
From: Sonny McWilliams   of 27012
 
John,I hope you have not gone on your trip yet. Wow, I was gone today taking care of some business. And it took me most of the evening to get on. I messed up again when I was downloading. The only good comment I have on this market today is that it is a lot of crap. Last thing I knew was that Hong Kong was up big time, London was up too and we expected a fairly decent opening, so I took off. What a surprise when I got back in. I am getting darn frustrated with this market or lets say with most of those analysts. TK is for the birds. He must be good playing with his yo yo. I think that's where he gets his ideas from. I can't believe that Cramer called him the best in the business. We know that commissions is the number one thing those guys are interested in.

It looks like it is going to be pretty hard to guess the market. Like I said yesterday we should be going up unless the big money keeps on playing. Upgrading and then taking profit seems to be the norm now. I can remember that someone touted Alterra last week and 3COM was upgraded yesterday. Wow, did they take a hit. At least I had only one of them, COMS. That is bad enough, I think it lost almost 8 today including after the market trades. A couple of weeks ago the drug cos. were downgraded and the oil drillers. Now the drugs and oil drillers are in again. The good drug cos. will always be in unless outside forces play with them. WLA went up a little but I would be hesitant. It is pretty good and this liver thing is overdone at this point, but who knows what they do with it once it moves up some. My guess is it should be alright, but after today I am not in a hurry to buy anything. I would like to buy several things, but those nuts out there are crazy. gg.

I thought it had stopped, but everytime a co. warns, the bottom falls out of the whole sector. I read the posts when I came on and I am with Frank. I would not buy from a fullservice broker anymore. I can do just as bad myself. gg. Of course the funds are just as bad. They sell now every chance they get.

I will write a cpl. more posts and then look at my damage. EXTENSIVE.
I guess you can tell that I am in a bad mood also.

Have a nice trip

Sonny
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