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 38.46

-2.6%

12:03 PM EST

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To: Frank Ellis Morris who wrote (21715)	12/6/1998 3:02:00 AM
From: Sonny McWilliams	Read Replies (2) of 27012

Hello Frank. We had 73 today and on Sunday it will be 77. It's crazy but I like it. gg. AOL. All I can say again: It is too bad that you jumped ship while it was down. BTW, I have to correct something. I think I forgot to add a zero the other day when I mentioned the cost of the margin interest for one year. It is of course not 400 something, it is more like 4000 something. I am sure you noticed that typo. Yes, give it a look over the next week and then buy 100 at a time. When your first buy goes up, you can always add to it if it looks good. Who knows, you may be lucky in the long run if the market goes down next year. You may be able to pick up more then. I am planning to hold mine for a long time unless something goes wrong. I had bought my shares 100 at a time, so should something happen I can get out alive. But I don't really see any fundamental changes coming up. A lot of Fund managers are still in. I still own my other smaller internet stocks which are really not as good as AOL, Yahoo and the likes. But I only own 100 or 200 shares of the more iffy ones. Frank, just stop worrying about AOL. You are not the first one that sold out at the wrong time. I still don't have Msft again after I sold it. And like I said: Who knows if it WAS the wrong time. Do what your gut feeling tells you to do. Buy 1oo shares of those companies you mentioned to me the other day. And if your margin gets to you and some of the new stocks go down, just sell 1oo shares of something you have a lot of. I don't know if you ever read the dialogue between Sonki and me. We expect the stocks we buy to go down before they can go up. If it turns out the other way, we are pleasantly surprised. gg. Anyhow, have a nice Sunday and think about all this stuff on Monday. Sonny

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