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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 34.50+2.6%3:59 PM EST

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To: Sonny McWilliams who wrote (20631)8/21/1998 2:04:00 PM
From: billwot  Read Replies (2) of 27012
 
Sonny-Welcome back! Hope you had a good time.

I think reducing your margin exposure was a good move, even at this level. As you know, I did the same over the last 30-45 days. I was ready to come back in Wed. but I'm glad I waited. I am holding tight on most of my portfolio, and except for NB and MRK,( and now INTC) it has been better than the indexes. I don't have a lot of INTC right now anyway.

I really believe this crisis will be short-lived, but what do I know? If I sense a bottom, I will add more MRK and NB, and assuming the recovery starts, I think CSCO will go to 115 (pre-split) after the split, so I may try a short-term play on that.

BTW, I am becoming convinced that Clinton will soon be history.

billwot
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