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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ellis Morris who wrote (24090)	7/22/1999 7:34:00 PM
From: Sonny McWilliams	Respond to of 27012

Frank. I guess you did not listen to Greenspeak. I mentioned my interpretation of his testimony in my post to musea and then in answer to your PM. Most of the time it is NOT the fault of Greenspan how the markets react. It is the fault of the investment community that puts words into Greenspan's mouth or keeps twisting it for their own agenda or takes his comments out of context. It's the bears and people who want to see the market go down that see something wrong in his speech everytime he is pressed to answer a question. Now what's wrong with acting "promptly and forcefully" if ugly inflation raises its head? Greenspan said today that he sees "NO INFLATION" at this time due to technology and therefore good productivity. He did acknowledge though that he took a rate cut back from last year because of the strong economy and the FED's worry that it may overheat. He even said this time around that he could not say if the stock market was too high or not with productivity and all. As far as our portfolio is concerned. Yes, it was a disaster for me this week. But, considering where it was before Greenspan came on, I don't want to complain. He and his colleagues and the Republican Congress with their spending restraints, have brought us to where we are today. A heck of a lot better off than when the other party was in charge in the House. Now, if you really want to see your portfolio drop, wait and see what happens if something goes wrong with Greenspan. For instance your scenario of firing him or he leaving on his own. I still think that Greenspan has been the best FED Chairman we ever had. And this with all his double talk at times. Frank. Relax. You are a longterm investor and long term you will make out unless we drop off the earth in 2000. Everybody is jittery with 2000 coming up and short term investors def. do not help either. And some of the big funds are now trading more than ever. Let me know what you think of this. I'll be off now but will check the thread when I get back in. Sonny

To: Frank Ellis Morris who wrote (24090)	7/22/1999 7:42:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 27012

I totally agree with you,Frank...Greenspan's wife must have sold out her portfolio last Friday!

To: Frank Ellis Morris who wrote (24090)	7/22/1999 10:03:00 PM
From: Sonki	Respond to of 27012

frank, sense will return to wall street in a few days or weeks. too much nervousness... out intel did not get hit much. probably seen as a value stock now ! i have been bz but will ketchup w. u all ...in about 3 wks, i should have lots of time on my hand. <GGGGGGGGGGGG>

To: Frank Ellis Morris who wrote (24090)	7/26/1999 1:11:00 AM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Good morning Frank. Good news on Dell. Maybe their share gain will show up in their earnings or at least bode well for the future. biz.yahoo.com biz.yahoo.com Globex up at this time. Did Bates of Psycho change his location? Real world stuff. Terrible. dailynews.yahoo.com German newspaper is reporting that Telefonica of Spain TEF and Deutsche Telekom DT will form an alliance. They will form a new company but will stay independent in their own countries. Strange way to do business. Like Chrysler and Daimler getting together but Chrysler staying independent over here and Daimler in Germany and forming a combined company. Maybe that report will change over there in the morning. Sonny