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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.03-1.3%Dec 1 3:59 PM EST

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To: Stonehenge who wrote (15095)12/26/1997 4:50:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Hi Stonehenge, I am glad that you broke the ice on Intel. I sent you a post last night but then took it off and rewrote it. I did not want to spoil the day. I was happy to see that Intel was up today. When I spoke to my nephew in Germany yesterday I did not like the news he related to me. He is in the cpt.selling business and said that Germany is going the route of the no name cpts and Amd processors are selling like hotcakes. Businesses buy whatever runs and is cheap. Not something I wanted to hear. I think Intel is suffering some there with their processors since they are over 30% higher. I will have to check this out some more over here.
It looks like if AMD declares bankruptcy they can get their paid income taxes back from the Govt. for the last 5 years, worth over 1 bill. They have announced, I think, that their earnings will not be up to snuff. Are they thinking reorganization or what? Getting that tax money back and reorganization could help them out of their current fiasco. Hm. We might have to look at AMD again.

Of course Intel will be there for us but to what extent in the near future? I never thought I would say this and can't believe I am actually saying it. Any comments anybody? CPQ did not do well today and they are going to use some K-6. With this outlined scenario CPQ should sell a lot but so far it keeps going down. The South Korean stockmarket likes that IMF money. Their stocks keep going up now and Japan is still going down. And we are going up and down, more down than up at this point. Sure hope the selling stops soon.

Sonny
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