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


To: Steve Warkentin who wrote (14325)12/11/1997 5:18:00 AM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 27012
 
Good morning Steve,

I am a firm believer of owning stocks and do not play any other game since the markets are so volatile. Until we see some signs of improving economy in Asia there will be a constant wall of worry about corporate earnings. JP Morgans' comments yesterday only added fule to the fire of worry that was created when Oracle said that it was suffering from the Asian flu.. I do not believe in materializing losses if you do not have to and I would be inclined to make the warrant conversion into the common stock if you have the cash to do so. We all like to think that our Intel will at some point in time roar back to its old highs as 1997 was not a good year for this company's stock appreciation. We will not get that better picture until and when we see some evidence that the economy is turning around for the better in Asia.

Frank