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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 (12582)10/30/1997 10:32:00 PM
From: Mitchel S. Untracht  Read Replies (1) | Respond to of 27012
 
i try not to time the market either. however, with the current uncertainties i think you need to avoid tech for 6-12 months. safety areas are insurers, us banks, financials with minimum exposure to asia, drugs, and industry that will benefit from purchasing power in the far east. what i have and plan to do is as follows - refinance my home mortgage and consider pulling equity out for investment. extremely high on conseco which had excellent earnings and is growing like crazy, hexcel which generates business from boeing, green tree financial and yes worldcom. I have a drip in boeing and intel and since i can not predict when in the next 6-12 months they will explode upward will monthly place 1/12 of the amount i want to invest in these issues.