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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.71+0.5%12:05 PM EST

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To: Frank Ellis Morris who wrote (14540)12/15/1997 2:12:00 PM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Hi Frank, those cheap stocks are even cheaper today. We do have a rally in the dow though. Maybe the Naz will turn around later today. It is paring some of its losses at this time.

Louis Ruckheyser said in his commentary on Friday that fundamentals are out the window at this time. The market confuses facts with fiction or something like that. He mentioned that it looks like Scrooge wants to steal Christmas. He said the producer prices are deflated and the bond is below 6% and that normally would be cause for cheering. We either have to cancel Christmas or we will go into a new manic high. I guess you heard the rest.

Sonny
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