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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.66+1.3%Dec 29 3:59 PM EST

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To: billwot who wrote (22754)2/12/1999 1:54:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
billwot. So much on your thoughts that the thread gets busy when the market is down. gg.

I heard this morning on CNBC that we should get a relief rally once the Senate vote is in. I am surprised they are not mentioning it now. If the market had jumped it would have been all over the networks. It's down last time I looked about 135 and the NAZ 75.

BIG confidence the market is giving this vote. Maybe Wall Street is worried that the Pres. will be asking for an even more bloated budget, tax increases etc. Ins. cos. are screaming after hearing that he wants to tax annuities. And good luck with those Roth IRA's down the road if the congress becomes dem. controlled again. And remember that Senator Roth is a Republican. gg. Who else would come up with something like that for working people? But it all can be changed at will of the Congress and Senate. Well, so much on that stuff.

But maybe after the usual sell off around this time the market will come to its senses. It was said that M. Dell was his usual optimistic self at the tech. conference but maybe not quite as upbeat as before. Give me a break. Again: Coming out one day before earnings with a warning for a soft quarter is costing investors a bundle again. Even if true, why not opine on it a bit earlier. Those cos. def. did not like the market action yesterday. And if Dell should be a bit softer, why paint all the techs with the same brush? What's not quite as good for Dell, should be great for the rest. But then we did hear all the news that PC sales are great.

Sonny
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