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 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Sonny McWilliams who wrote (22695)	2/9/1999 4:25:00 PM
From: William Hunt	Read Replies (1) of 27012

Sonny ---Market is way overvalued per the same guru's that told everybody to buy back in OCT . They keep saying the market is up 70 % from that time period . If you look at the Dow it is at the same price as last MAY ---0% in ten months ---the Nasdaq is up 15 % from JULY ---not a giant move . The only companies that have earnings growth are the technology companies ---the only way other companies can compete is upgrade their technology base . Listening to a joker on CNBC now who said he will be able to buy technology stocks at a much lower price than what they close at today . I will follow FRANK advice and hold - no margin It is amazing since the big funds are sitting on the sidelines how many individuals are selling ---amazing BEST WISHES BILL

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