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


To: Sonki who wrote (24487)10/7/1999 11:30:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Hello Sonki. Yes. I am sure things will not go straight up. I have been a little greedy but like I posted yesterday, I have lightened up on my margin including Intel that I bought earlier this year. I also sold a cpl odd and end things this morning. Including UBID. I t finally came back from the dead and I could go out with a small loss. I could have stayed longer. It got a target price this morning of over 50. But, yes, I do need to pare down my margin a bit and have done so.

You could have bought Intc leaps this morning. It was down to 76 but has now recovered to where I sold it at.

Yes. One of MER's analyst had this statement out yesterday that there was a meeting with Intel and he walked away from it a bit worried. Of course that did not stop MER from bringing out 2 new baskets of stocks. The growth basket had Intel right at the top. I am not quite sure what Intel will do near term but like I said, I will pick up some more IF it should go down some more. Ya never know. It may not. I will wait for next Tuesday's earnings report before deciding if I want to buy more again then. Yes. I know Taiwan is just a blip. Probably will not affect things for more than a cpl weeks of shortness. But I needed to reduce my margin anyhow and I need to sell some things at profit in order to offset my interest. It's pretty darn high and I also got rid of my losers.

WCOM is moving again also. One of the FON stocks is down.

The internets are booming again this morning. I may trim a cpl more of those stocks. Don't know yet what. Not AOL or Yahoo. Yahoo has now a target price of 250. I think by Deutsche Bank. RNWK is soaring. My "pared" down Amzn is doing well also. Had sold half of it the other day at 83. Sigh. E-commerce is slated for a great Xmas.

LU is up this morning. I will not buy any more at this time. I just let the shares ride and multiply. It has worked great in the last cpl of years. Dell is being touted this morning. I have not heard anything on Intel yet.

What made you sell PCLN and BRCM already?

Talk to you later in the day again.

Sonny