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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 41.41+2.2%3:58 PM EST

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To: billwot who wrote (19695)6/2/1998 12:17:00 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Hi billwot. I was just making sure that I did not misunderstand you. 100% cash position could mean something else.gg.

I tried not to watch the market too closely today. The little I watched did not look exciting, more like sheesh.

I guess the market may go down some more. But those techs are starting to look pretty good. Money is still flowing into funds. Managers will have to buy soon. Amat is getting pretty tempting and so is Intel. But I will take my good old time with Intel.

Sonki put this article on about insiders registering to sell a lot of shares . Good thing I had lightened up on Dell the day before earnings. So it makes this down turn a bit easier to digest. Dell is down 20% from its high. Maybe the insiders sold enough and the stock could be a buy again also. Consensus is still another 5% down in the DOW and 100 points on the NAZ. Should that happen I will be a buyer again for sure.

Talk today was that the financials are looking good.

Sonny

I am adding to the post after reading your message to Stonehenge. I heard the Manager from the Stein Roe Fund today. He said he has a big position in Intel and he is keeping it. He thought that Intel could still go down some. Somewhere Cisco was also mentioned as a buy.
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