Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Sonki who wrote (20270)	7/23/1998 6:21:00 PM
From: Sonny McWilliams	Read Replies (1) of 27012

Sonki. No, I don't think the summer rally is over. But there could be some more profit taking. Still no better place for your money IMO. Anyhow, GTW reported after the market closed and came 6 cents under. That could cause some selling in the techs tomorrow but who knows, I don't have it and they could have warned as far as I know. I was not able to keep an eye on things today and they just now have the conf.call. I was able to check the market a cpl of times today and was very tempted to buy a cpl of stocks but decided to wait. I will have more time tomorrow to check the situation. I personally think that Mr. Greenspan's speech gave some of the momentum players and big guys a reason to take profits. After all, nothing goes straight up. I was tempted to sell some early this morning but decided it would cost me more on taxes than what the market will go down. Even if it goes back to its low from June. It being the last day of the week tomorrow and Japan deciding on their new Prime Minister, more money managers may not want to hold over the weekend. I have some money ready to pick up some more stocks should it go down more. But you are done trading for the summer, right? gg. Amgn, HWP, WCOM and a cpl other stocks kept my losses in the mid 2k. Not too bad for an almost 200 drop in the DOW and mid 30's in the NAZ. I thought I would get slaughtered but was surprised when I checked my stocks. Yes, I heard about T.K.'s new stance. It's almost unbelievable that, despite T.K.'s change of heart, Intel was up a fraction in this market. Time to buy more I guess when all this selling subsides. Well, at least someone else was bottom fishing. I bought more HWP and CD yesterday. Sonny P.S. Hm, I hope I have less problems with replying to the rest of the messages. It is SLOOOOOW.

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