SI
SI
discoversearch

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: Frank Ellis Morris who wrote (17445)2/11/1998 7:50:00 PM
From: Jimbo  Read Replies (2) | Respond to of 27012
 
Frank/Sonny and Thread -

Just talked to my father and he is getting pressure from ML broker to
dump half of his position of INTC. Logic is that in the near term the stock will go down; then buy it back at later depressed price. Doesn't make too much sense because of the tax implications. His cost basis is around 40. Anyone know what the details on ML's Kurlack's (sp) negative comments ? Interested in knowing the thread's opinion ?

Thanks !



To: Frank Ellis Morris who wrote (17445)2/11/1998 11:35:00 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Frank, yes, Tom Kurlak had a lot to do with those techs going down. But I still think the insider selling of Intel had to do with the slide also. At least it did not end up at it's low.

I know how you are feeling with that CA situation. I have been there several times. Sometimes the market likes it the next time WS tears the stock down.

The Asian markets and Globex are not looking too great.

Yes, I am enjoying your album, it's great.

Sonny