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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Frank Ellis Morris who wrote (19233)4/26/1998 3:02:00 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Hi Frank. You must have written quite a letter to Intel. I am glad that you mentioned that sale by an insider. I read your post to John and therefore read the response. I noticed that nothing was mentioned about that sale though, but it was an informative letter. If we all read between the lines we can tell that Intel will be alright. Just the idea that he is telling us to write to M.L. about T.K. if we don't like his comments, is a story in itself. I also like the part where A.Lenke says: And what if T.K. is wrong about Intel? Whatever the case, everybody is jumpy right now with the market up like this and a lot of the guys following TA are nervous nellies. I think the S&P 500 guy (Stovall?) said the other day that he was a nervous nellie. I guess we are allowed to feel the same way. But I am hanging in there.

You mentioned Mr. Elias saying that the market will go to 40.000 evtl. The interesting thing for me was that he said DOW 14.000 by the year 2000. gg. So, who cares if the market goes up and down for a while as long as it will be around 14.000 soon. Was it 20.000 by the year 2005? Anyhow, I will hang in there with my basic stocks and also trade a bit in the mean time.

Intel will be fine and I am also banking on CPQ even if Ann does not like it too much. gg. I put my grandchildren in CPQ at 24 last week and they did fine so far. They already have some Intel, MCD and Wrigley. I know we have talked about this before.

Again, good correspondence with Intel's PR man.

Have a nice Sunday

Sonny
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