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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: Sonny McWilliams who wrote (19254)4/26/1998 7:17:00 AM
From: Frank Ellis Morris  Read Replies (1) of 27012
 
Good Morning Sonny,

I did not recall when Mr Elias thought that the Dows would be at 20,000 but he thought that he would be 40,000 in the year 2016. He also felt that the more bearish sentiment that is out there the better it is for the market.

Yes Compaq made a nice bounce since you picked it up at 24 earlier. I think it is up to 29.
I guess we can throw just a tad of thanks for IBM starting the tech rally last week and Microsoft for ending it temporarily. Incidentally you probably have heard of Compaq announcing that it was buying back many of its own shares.

Yes it was nice to get the letter from Intel and when I wrote back it seemed that A Lenke was sitting at the typewriter waiting as he replied back almost immediately.

Have a good Sunday
Frank
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