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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Frank Ellis Morris who wrote (14266)12/10/1997 10:36:00 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Good morning Frank, well, we are having another tech sell-off.
I have switched my server but I do not have a faster modem yet. I am thinking about getting one. I was suggesting it to you since you had modem problems.
Yes, Oracle seems to be the only tech stock up today in my portfolio. Soundview downgraded the PC growth to around 13% from 15%. I don't know where they are getting this from. CPQ says they see no slow-down and their business is great. The tech forecast changes from day to day. I think those analysts get up in the morning and say: "Now what is it I could downgrade or up-grade today in order to make my year-end bonus look good?" Like pulling a rabbit out of a hat. I know things change, but every day?

This morning we are finding out that the Japanese Ministry knew already 6 years ago that the brokerage firm Yamaitchi had problems. Not only did the Ministry put wool over their investors eyes, they did it to us too.

Sonny
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