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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Sonny McWilliams who wrote (19065)4/17/1998 5:35:00 AM
From: Frank Ellis Morris  Read Replies (1) of 27012
 
Good morning Sonny,

Yes I did see that there has been a lot of selling in the drugs recently but so too with Gillette and many of the other stalwarts. The market needs a little correction but all the ingredients are still in tact for a Dow 10,000 or greater later in the year.

Yes I notice that the internet stocks are going through the roof. This reminds me of the craze everyone had for the gambling stocks when the casinos were being built in Atlantic City many years ago. I had AOL once and the stock dropped precipitously right after I got in so I no longer own it. I did see see that Excite all of a sudden lost a little of its Excitement after the bell and this may bring the group down today. Sun Microsystems may save the day as I believe its earnings were just a tad better then predicted.
I am pleased that the insiders are not selling Intel
given all the negative bent by Merrill's, Tom Kurlac. Maybe the future and soon will be much brighter and even Merrill will not be able to suppress the upward trend.

Hope you have a nice Friday and
Best Regards
Frank
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