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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Sonny McWilliams who wrote (20810)9/1/1998 5:39:00 AM
From: Frank Ellis Morris  Read Replies (2) of 27012
 
Dear Sonny,

If it is fear that the market was looking for, I think that it is fear they got. I too saw much of the appreciation evaporate in the last few sessions especially the one today. I thought of buying puts on Dell and Microsoft but then realized how expensive they were. Since I am a long term holder today's setback is just that. I would not dare to guess what the market will do today.
The S+P futures are up 19 points but we have seen so much selling into any rallies that I will not guess what today may be. I wish us all well and hopefully we will be able to look back on August as just a bad dream.

Best Wishes
Frank

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