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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 41.97-4.1%10:55 AM EST

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To: billwot who wrote (19996)6/26/1998 2:48:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
billwot. Thanks for the information on Cisco. We saw it earlier today. And thanks for the info on Day Ahead.

3 Coms. That is too bad about Coms. We became owners of Coms also through USRX. We exited with most of our Coms last year around 53/54 in the IRA and private accounts. Sold the last ones with some loss. Sonny had posted it when we got out. We were in Seattle at the time. So it had to be around Oct/Nov. of last year. Now we decided to forget about it and let it ride and maybe a buyout will come through. Better not a merger. We had enough with that with USRX.

We should have followed suit when you went out of APM. That was our biggest loss ever when we bought it the second time around. The first time around we made quite a bit but not enough to make up for the loss. The third time around we bought it in the 10 area and got out just in time with a small gain. We were tempted again at 4. Did not get it. Could have been a nice trade. I just mentioned this to show you that we all have our loss stories. -;)

We were trying to sell some of Sonny's Coms yesterday at 32 but missed it. That's when our broker told us of the price target of 50. We heard of talk that it should have no problem going into the 40 area with the next big market up move.

T is down again and some analyst's are getting more leery. One of them said that T has a history of buying things and then ends up saying: Oops. WCOM is not doing much either.

Here is an interesting article from Msft. Should also be good for Intel's future:

dailynews.yahoo.com

Sonny will be more active next week. He is at the moment confined to watching CNBC. But he is getting back to his old self. We will be venturing out tonight so I am making him rest. It's kind of nice to bully you guys once in a while.

We should all be at the Outer Banks today. It is pretty darn hot here today. Good thing for air conditioning or I would have to move more up North. I am still not used to this humid weather around here. The Outer Banks are fine with water around.

The techs, drugs and banks are looking good today.

Sonny wishes everyone a nice weekend and so do I.

E

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