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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.73-0.5%9:43 AM EST

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To: Sonny McWilliams who wrote (23460)4/19/1999 5:43:00 AM
From: Frank Ellis Morris  Read Replies (3) of 27012
 
Good Morning Sonny,

You know that the Board of Directors sent Pfeiffer down with the Titantic. The CEO of that company had ticked me off some time ago and that was the reason I got out. I think the company and the stock is due now for a rebound. I am sure that a new fresh leadership is what is needed. Now is the time probably to accumulate shares.

I had a great trip in Las Vegas and enjoyed it much more than the first time.

The S+P futures are still looking good. Hope that some of the money that left the techs last week will come back. I think the real investment potential lies with the techs and health care (imho). It may be rough sledding for a while until the money comes back. I do not think that Fidelity mentioning on Saturday that it dumped large shares of Intel and Lucent from its flag ships fund Magellan is going to help much today. I recall long ago when jeff Vinkik told everyone to buy Micron Technology and in the mean time he was selling off shares. now may be the time to buy techs as I think this is what Fedelity will really be doing.

Have a great day
Frank
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