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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: royco who wrote (22379)1/11/1999 11:53:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Royco. Good thing you did NOTHING last week. gg.

Sometimes the best thing IS to do nothing. Remember, Intc upgrade to 180 and earnings tomorrow. I believe Intel has just begun in this round but things can always come out of thin air.

Yes, when the internuts go down, maybe some other stocks will benefit. But I am in no hurry for the internut craze to stop. Actually I am one of the ones who thinks that internet will be VERY big and it's not a tulip mania. Granted, valuations are extremely high for some net stocks, but there will be way more internet users than there were tulip buyers. gg. Only regret I have is that I did not buy more shares of the various internet stocks I bought and none in some. Just last Tuesday my list of buys included CMGI, Yahoo and Amzn but then I chickened out. Sigh.

EMC. You must have a happy son right now. I forgot who's son had bought EMC.

Amat. It had a fantastic run. I'd better check on it before I make a comment. But it did get another upgrade today. I bought MU last week.

Yes, I hope Greenspeak will not hurt the market and I hope that all those big tech stocks will report good earnings. We do not want those to stumble with our nice valuations. gg.

10,000 may be around the corner. Luckily more and more analysts are forecasting 10,500 now. So maybe 10,000 will be a go.

I am taking a deep breath every morning though, considering how high my margin is again. Too many stocks to buy and not enough cash. gg.

Sonny

Almost forgot the oil drillers. If you have time I am sure those stocks will rebound. They are creeping up again. But I will wait a bit longer even though I am tempted again by GLM.
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