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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 42.17+4.1%12:17 PM EST
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To: Frank Ellis Morris who wrote (14060)12/8/1997 4:41:00 AM
From: Sonny McWilliams   of 27012
 
Good morning Frank.
The way things have been going in the market lately, I think we all knew this already. I have been harping on the fact that our markets are getting hit at every turn now for no reason at all. It has now been shown that this Asian thing was not that detrimental to us yet, but the selling goes on as soon as there are some nice up-movements. The dow has come back but most investors are still down with their profits. There is a lot of rotating going on. One day this is downgraded and the next day it is in favor again. I was telling you, while this game is being played, it is hard to stick to the buy and hold theory. I think thia stuff is now being investigated and surprise, the people in charge did not realize it was going on to an extent like this. GIVE ME A BREAK.

Anyhow, you are getting up now and I am just going to bed. I have been so busy this weekend that I had no time for SI or the Net. So I thought I better get with it. But of course sleep will have to play second fiddle.

I checked the Worldmarkets. All Asia is in the black but Japan and South Korea. South Korea is down over 4%. They must have spent their first billions already. Malaysia is up over 11%. London is up 75 points - about 1.5% so I guess I can get a cpl. of hours sleep now while you and Margaret enjoy your first cup of coffee.

Sonny
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