Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: musea who wrote (24514)	10/16/1999 2:09:00 AM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

musea. A.G. is trying to keep the lid on the market. He has been carrying on about it for sev. years without luck. It is coming to the point where I think the best thing for him to do is to raise the interest rate one more time and then maybe he will get off our backs. I believe it was really bad timing for someone like him to rattle the market again at a time where everybody is shaking in their boots about repeating Oct. crashes. Basically I call THIS very irrational. Anyhow, all the Bears came out of the closet again today, even the ones we have not heard from in a while. Yes, Intel had pretty good numbers but came in 2 cents below estimate which gave some of the analysts a reason to badmouth Intel. I had sold part of my Intel before I went away this time. I thought I may regret it but I can now pick it up cheaper if I find the right time to get in. I may let a bit more water run over the dam before nibbling again. I would LIKE to say that Monday may be a good time to do some bargain hunting, but I don't DARE say that. I am not quite sure if anyone knows right now which way the wind will blow. You are right. Some investors are getting very, very nervous, including me, but I will be hanging in there with most of my long term positions. I probably should have lightened up a bit more on my margin before I left last week, but I didn't and now I will probably just ride out the storm. It's kind of hard to determine which way things will go. Some say it will get a lot worse and some say the bottom is near. Neither talk sounds too great. gg. But I won't let it spoil my weekend. Have a great one. Sonny