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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 (13032)	11/10/1997 7:01:00 PM
From: TechnoWiz	Read Replies (3) \| Respond to of 27012

Hi Ann, seconded. Excellent article. Thankyou for posting it. Unfortunately, the die is cast in regards to the investment styles of fund managers. If anything is true, we face an even more volatile markets in the future. The key to success is to take advantage of the opportunities this volatility offers both long and short term investors. If you happened to watch WSW Friday night you may have picked up on the fact that we are nowhere near the percentage volatility levels that marked the tops in '29 and '74. I think Frank's mantra has been the correct one and will continue to be in the future. My father did very well by following this same mantra from the '30's thru WWII et all, but he, like almost everyone else had to endure some pain in '74. Because of this, I am a strong believer in the ability to time markets and have dedicated my life's work to it. In spite of this relatively short term debacle of the mid '70's, it sowed the seeds of an even greater bull market which by some measures we are still in. Vigilance is your best defence. rgds Tec

To: Ann Janssen who wrote (13032)	11/10/1997 7:39:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 27012

The fortune article was interesting but only served to reinforce my view that the individual investor who takes the time to pick his or her own stocks and adheres to a buy and hold strategy (at least for a portion if not a major portion of their portfolio) can expect to do quite well over the long term. I think many are misserved by the mutual fund industry for the points brought out so well in the following paragraph of the article: "There is a huge disconnect," summarizes Morningstar's Don Phillips, "between what the fund industry does and what it tells investors to do." So in the wake of the recent market break--and the ensuing incessant jabber about the importance of investors' taking the long-term view--it seems a good time to ask the question: Why doesn't the fund industry practice what it preaches? Regards, Brian

To: Ann Janssen who wrote (13032)	11/11/1997 7:49:00 AM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 27012

Ann, it is very easy for a an empire to call the strikes after the pitches were made so the article is just bull---. The would is full of should haves and could haves and would haves and in the long run they are all loosers. After holding to companies likes Intel, Microsoft and Cisco for a period of the next 10 years, you can tell me if I was right or wrong. Market timing just does not work or we would all be instant multi millionaires. Take Care Frank