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: Sonny McWilliams who wrote (13180)	11/14/1997 1:37:00 PM
From: TechnoWiz	Respond to of 27012

Hi Sonny: Seems like you're high in the popularity ratings over here. Don't take another trip...may have negative consequences for mkt! In regds to Mexico, as I said in my comment, there have been tremendous hidden benefits to US trade and employment for the US especially Texas, but it will take time for the full benefits to be realized. To be fair to Mexico, the devaluation of peso crippled their buying power but bought many imbalances into line and believe me now that Mexico is getting back on its feet, getting its house in order and gradually getting richer every day and there is an enormous deficit of capital goods and equipment and high tech is vintage in many businesses that will generate a huge pent up demand in the future. I also said it would help US trade if they eliminated ALL tariffs between the two countries ahead of schedule. Beaurocracy is still a dampener to free flow of exports. Imo, the big payoff and surprise to many for nafta will be the final humiliation for the naysayers when Mexico graduates to being the US's largest trading partner, something I believe is inevitable as business and cultures become increasingly and inextricably linked. The potential combination of a mature US economy with en emerging economy where some 35% of the pop ie 30 million is between 20 and 35 years old, creates a powerful demographic of consumer buying power. Have you noticed how strong WMT has been since it moved aggressively in to Mexico. In the event of and oil price surge, the economy in Mexico will be helped greatly as every $1.00 move in the price of oil is worth about 1 Billion to the economy. Imho, the future for NAFTA looks very bright and a hemispheric FREE trade agreement would be positively flourescent! As I suggested yesterday: Bulls might charge today (Friday) and stampede next week...so far so good but I think we need to go out with a strong close today for that to happen.

To: Sonny McWilliams who wrote (13180)	11/14/1997 8:32:00 PM
From: Frank Ellis Morris	Read Replies (1) \| Respond to of 27012

Good Evening Sonny and a most warm welcome back. Yes it certainly has been a rough time lately and although i am a firm believer in staying put I had my times when I thoughthe world had just lost its marbles. Mutual fund managers and markets movers along with the media play us all for fools but it is wise for us not to let our guard down or be manipulated. We are in good companies for the long term and eventually we will be pleased that we stayed the course. I am cheered that you are having a great time out west and hope that you enjoyed your trip to Canada. I thought we were going to have to send a canadian dog sled team out searching for you since you have been gone for several days. Have a great weekend and nice to hear from you. Best of health, happiness and prosperity to you and yours sincerely Frank