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 34.13

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12:29 PM EST

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To: billwot who wrote (20628)	8/21/1998 1:06:00 PM
From: Sonny McWilliams	Read Replies (2) of 27012

billwot. Came back from a little trip but kept my eye on the market thru CNBC. This has not been a good last 2 days. I decided to raise a little cash today. I just sold all my CPQ with a heavy heart. I did not sell it because I don't believe in it (it has a target price of 46 and a fairly good analyst, Mr. Peroni, thinks that it will be at 40 by the end of the year) but I wanted to reduce some of my margin in this environment. I bought CPQ at 26+ and 29+ and therefore have a fairly nice profit. I will buy all my CPQ back should it go lower. If the market gets out of this mess and goes higher from here on out, I will buy it back even if it is higher at that time. I just have the feeling that the market will go somewhat lower. But who knows for sure. I also sold some more Intel in which I don't have much profit and will buy that back also should it go lower. Mr. Kurlack did us in again. Intel should go up again soon with that new chip in the lower end market. I did not want to sell any stocks I have some loss in. I can do that at any time if I need an off-set and I did not want to sell any other stocks I have a fairly large gain in like Dell and LU and some of the Pharmas. I was considering PFE but the Pharmas should withstand a downturn better should it come. JMO. I did sell JPM because of fear that their exposure in South America will drive the stock even lower. I had hoped for a takeover. But with the German banks heavily invested in Russia, it may not come about near term. At least I hope not now that I sold it. I am writing this because I have been touting CPQ. Like I said: I am still high on CPQ but the way things look at this moment I may be able to get it a cpl of points lower. And I did want to reduce my margin with this worldwide uncertainty. I still have way to much margin but at this point I will stick with it. Maybe I change my mind later. Sigh. Sonny

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