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Technology Stocks : Intel Corporation (INTC)
INTC 48.76+10.9%Jan 28 3:59 PM EST

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To: Frank Ellis Morris who wrote (12554)2/27/1997 9:21:00 AM
From: Jim Garrison   of 186894
 
Frank: It's Alan Greenspan's job to take away the punch bowl just when the party gets going (should be interesting wedding <g>). he's given two warnings and he has the club of higher interest rates to cool the markets down (altho in IMHO they won't bump rates anytime soon). From some of the high valuations (especially certain big caps - present company excepted, of course <g>), i don't think its shouting fire in a theater - more like in a dorm when the roof is burning.

Are you buying those really great companies you own like INTC, MSFT, G, KO, JNJ, etc at these levels? I doubt it.

BTW I agree completely on your other points on diversification to cut down on volatility, your stock selections and 'buy low' approach.

jim garrison
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