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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 (14860)	12/19/1997 5:42:00 PM
From: Sonny McWilliams	Respond to of 27012

Ann, my wife has been a saver ever since she was a child. I guess it has to do with that she grew up in a war zone. She keeps telling me that she and her sister never got that much when they were little, so they kept all they could get their hands on. Her sister is gone now, but she makes sure that she saves all she got from her since youth. I should forget about the shoe-store and open up a museum. We could use the space. gg. The market turned around nicely. I was hoping it would go up but I am mostly in Naz stocks, so at least that went up over a point. Long way from down over 35. At least I was half right with my prediction of an upday and I came out even today considering that Dell was a bummer. My Merck must have held down the Dow. gg. Have a nice weekend. We deserve it. We stayed put I guess? Sonny

To: Ann Janssen who wrote (14860)	12/19/1997 5:49:00 PM
From: David S.	Read Replies (2) \| Respond to of 27012

Ann and all: A few months ago I mentioned I took a departure from INTCW and bought positions in KO leaps for 1999 and 2000 (in the money) when the stock was at 60. Several on this thread said I made a boo boo, KO and GE were overpriced and dead. Well they both went down again, recovered, went up, down and up again. So I for one don't think I made a mistake. With the cash flush mutual fund managers looking to load up in January, they have got to take big positions in KO and GE, as well as Intel and the other major techs. Except that with leaps in the techs, I would have to pay a high premium while I can nearly double my investment with the KO leaps if the stock just gets back to it previous high of 72. From 66 now, I see my target easily reached in 3 to 5 months if not 3 to 5 weeks. The name of the game, as with my INTC warrants is leverage, leverage, leverage. This KO trade will just give me more funds to buy Intel and Iomega. Regards, David S. Long on Intel and Iomega