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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 43.47+8.6%3:59 PM EST

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To: Sonny McWilliams who wrote (16757)1/28/1998 10:02:00 AM
From: TechnoWiz  Read Replies (1) of 27012
 
Good Morning Sonny: Last week was a bit hectic as some of my recent recs were a bit more volatile than had I bargained for. In spite of that I have not changed my outlook and surprisingly the market has re-presented us with a great buy opportunity on my #1 pick, which after flying out of that 7 month base, pulled back to test the breakout and now may have clear air all the way to $1.00 or higher as fundamentals continue to improve along with talk of merger with High Tech Nasdaq issue on attractive terms.

Speaking of flying, if ADIC can get over this hump at 17.5 it could fly up and test the $20 area at least. The structure looks quite good if we can overcome 17.5 but do if we cannot do that this stock could drop big, so be careful. It's kind of do or die from here for ADIC.

As for the VP, I have some interesting scenarios and comparisons to share, but I will reserve them for the time if and when such drama is likely to unfold.

Btw, we learn this morning that Cramer is actually long INTC, bemoaning the fact that he does'nt have a big enough position in the stock. Serves him right for bad mouthing us in the first place. Judging from some of his commentary of late seems like he has been cut to ribbons by some of the recent volatility which may have been well deserved for speaking with forked tongue.

rgds

Wiz
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