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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.75+3.6%Nov 24 3:59 PM EST

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To: Sonki who wrote (19182)4/23/1998 5:26:00 AM
From: Frank Ellis Morris  Read Replies (1) of 27012
 
Good Morning Sonki,

Yes although I was very impressed with yesterday's action in the techs we have to be a little cautious since Microsoft made its usual cautionary statement about its expected earnings for the rest of the year. I love Microsoft since they appear to be quite skilled with public relations. The fact that Ibm retreated yesterday does not matter however although market movers may try to make something of it. It was most encouraging to see a very positive tone in Intel's
public message and it was long overdue for those guys to come out of hybernation and started swinging. Intel and Dell threw a combination knock out punch on the same day at IBM so it does not surprise me to see that stock now in a daze. Although too much of a good thing is not good I am not sure why not.

Have a nice Thursday
Frank
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