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


To: Ann Janssen who wrote (12397)10/28/1997 3:12:00 PM
From: Stonehenge  Read Replies (2) | Respond to of 27012
 
Intel to stage "agressive stock buyback" starting tommorow possibly in the billions of dollars just reported on CNBC. We are coming back. congrats to all of you for hanging in there. Never sell this puppy.

I love this company.



To: Ann Janssen who wrote (12397)10/28/1997 3:14:00 PM
From: Mitchel S. Untracht  Respond to of 27012
 
To all intel to be involved in major stock repurchase. today should silence anyone who believes they can time the market



To: Ann Janssen who wrote (12397)10/28/1997 4:13:00 PM
From: Sonny McWilliams  Read Replies (3) | Respond to of 27012
 
Ann. Wow!! What did I say in my previous post? We take the bad with the good? Well, today we take the good with the bad.

This is a crazy market. I think the SEC had talked to the fund managers already. I think that's what I heard late yesterday. Good thing we all did not cave in under this pressure yesterday. Some of us only took some money out of the market. I heard that the only reason the little investor stayed put yesterday was, they could not get through to their broker again, like in 87. I could have sold all my accounts with no trouble. That's were a discount broker comes in who does not deal in its own accounts. I lost some of my Intcw yesterday when my accounts went way below my margin. . But everything else was ok,
I lose some of my warrants when the accounts are being called, since I am overweighted in those. Now I can actually buy again. I might not be able to get Intel. It was too late today when Intel announced a buyback of some magnitude.

Wow, it was tough not to cave in. But we did it. Hope we don't get some profit taking near term.

Sonny