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 43.75

+0.6%

Dec 3 3:59 PM EST

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To: greg s who wrote (21829)	12/11/1998 12:53:00 AM
From: Sonny McWilliams	Read Replies (1) of 27012

Greg. I am sure you have received some reply on this story. I have not checked all the news on Thursday due to the fact that I was watching the Hearings. But just off the cuff I would say:Hum Bug. This writer has a lot of stuff in that article and even though I watched the hearings a lot today I still was able to catch some news here and there. I think things are picking up instead of declining. I heard, and Sonki posted an article on that subject yesterday, cpt sales will be exploding due to the Year 2000 problem and that means more chips. This stuff about Ericsson may be correct but nevertheless Ericsson also stated that they will be in line with earnings estimates. How come he did not report that? WCOM. What's wrong with slashing prices? Unfortunately WCOM will be laying off a lot of workers but it is good news for shareholders which I am one of. Consolidation after that MCI deal was expected and cheaper prices will get you more customers. Semi Equipment cos. may have had a heck of a run but if you look carefully they are not even near their all time highs which can't be said of some other cos. Chip stocks. Even Intel is not really high compared to where it was a year ago. About 20% worth? HWP is down some, now that CPQ has put on the heat, but it still has not reached its previous highs. What has the big run to do with advocating some selling. I thought we were always asked to buy and hold. UK rate cut. Wow. That's a good one. Let's hope the FED will not cut our interest rate again. That would really be a tragedy. gg. What's left here? Oh yea. Let's find out when Fahnenstock became bearish or have they been behind the ball for some time and need to invest at cheaper prices. Do you know? I try to check on it later today. Greg. I think it is good old fear mongering again. Yes, earnings could go down some but we all know this already. And there has been some warning of lower earnings. Tis the season to do so before earnings come out. gg. BTW. Demand etc. Did you hear how well Orcl is doing? I am surprised nothing was said about the networkers. I guess there was no reason to do so since they were up. gg. If I find something really serious, I will post it. Oh, here is something serious. I heard rumors that R.Acampora will be calling for a 12.000 DOW. He may have done so already or maybe he will wait a while after today. He supposedly was questioned what his time frame was and he supposedly declined to name one. Sonny

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