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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: exhon2004 who wrote (69316)12/3/1998 1:32:00 AM
From: Gerald Walls  Read Replies (2) of 186894
 
PS: Fortunately the only thing I have in it is the company match in the 401K.

You're not buying the 15% discount on the lower of the beginning or end of the quarter stuff? I sold all the 401k HON I could (the stuff I'd bought but not the match) and started stuffing the full 10% of salary into the discounted stock. Too good of a deal to pass up.

Don't forget all the non-avionics stuff that Honeywell does too. There's the space stuff, the home stuff and the industrial controls stuff. I also didn't see the 737 mentioned in the production reduction story nor anything about the MD95/B717. Not to mention that Airbus doesn't seem to be having any problems. Cutbacks in the 747-400 and the 777 can't help though, especially with the high-content AIMS cabinet.

All in all I don't think this will cause a serious pullback. At least there haven't been any downgrades yet. :-)
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