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


To: Sonny McWilliams who wrote (24941)12/10/1999 4:49:00 PM
From: William Hunt  Respond to of 27012
 
Sonny ---Thanks for the feedback ---have a great trip to Seattle --will do some research on your suggestions --- Am taking a trip to Tahoe next Friday ---sure hope they get some snow ---then back to the house for Christmas with the kids

Again Thanks
BEST WISHES
BILL



To: Sonny McWilliams who wrote (24941)12/11/1999 7:07:00 AM
From: Tecinvestor  Read Replies (2) | Respond to of 27012
 
Good morning, Sonny:

Intc. I probably sounds crazy. Dan Niles put a downgrade on Intel and Dell. I am just about ready to pick up more Intel. So, maybe it goes down for the short term some more, but with their networking strategy etc. I think it will be a good investment for the coming year.

I'm really conflicted as to what to do with my INTC position, in which I am very long and very strong. I have been toying with the idea of lightening up, selling chunks at a time, and using the proceeds to buy in to attractive openings in such stocks as JDSU, NOK, SEBL, VRTS and CHKP.

However, I have a sentimental attachment to INTC. I have held it longer than anything else I have, and it is the first stock in which I have done really well. I have no real doubts that, long term, it will continue to pay good dividends. I love the low PE multiple and feel confident that it has minimal downside.

I think we may see some money shifting out of the big winners and into INTC, DELL, IBM, TYC (if the accounting irregularity issue clears up) and MSFT (if, and only if, the case settles), and would expect that to happen within the first quarter of the new year. As you may know, I've established a base in JDSU, NOK and TYC, all within the past two weeks.

I still think I could win our bet regarding the AOL/T alliance. With the AOL/WMT alliance all but in the bag and AOL now at more than $90, you can well afford to take me to a good restaurant in Georgetown. <gg>

Best.

Tecinvestor



To: Sonny McWilliams who wrote (24941)12/12/1999 2:25:00 AM
From: Brian Malloy  Read Replies (1) | Respond to of 27012
 
Not much to enjoy in this article Sonny. Looks like all the "protectors" of us little guys have found a poster boy to cover their tracks as they begin to take more control of the individual investors access to the markets and capital. The guy in this article was just plain greedy. He didn't listen to his family, he knew of his incompetence reference stocks/daytrading early on. Now everyone else will end up underwriting his stupidity. The thing that really gets at you is...he will probably get a book deal, have a made for TV movie deal and end up collecting money in the seven digit range for being stupid. Hope you are enjoying Seattle. Be sure to check out REI.

Day-Trading Casualty Stays in Media Spotlight
By Ianthe Jeanne Dugan
Washington Post Staff Writer
Thursday, December 9, 1999; Page A1
washingtonpost.com