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

To: Sonny McWilliams who wrote (17712)	2/23/1998 1:07:00 PM
From: TechnoWiz	Read Replies (2) \| Respond to of 27012

Hello Sonny, Thanks for your remarks. I actually wrote this to you on Saturday, with intent to post, but our ISP had a system crash so I could not get on until this morning, so here's the post in its entirety in answer to yours. Yes, I was aware of and expecting a rise in Silver, which impressed me technically a whole lot more than Gold, but unfortunately there are not really any pure Silver plays around as far as stocks are concerned. Maybe CDE is one of the few and even it's rise was anemic considering the underlying rise of Silver. I think Buffet realizes that sooner or later there could be a substantial pop in Silver maybe to $15 or higher and though that may take some time, he has the patience to wait for it to happen. There may be an underlying fundamental "industrial" reason that could make this a anticipated price rise a reality. I believe that the next generation of Catalytic converters may involve the use of silver as may the next generation of hybrid or battery powered vehicles as well as the possibility the proposed Fuel Cell, next generation of pollution free gasoline powered vehicles may also require the use of silver in some form - just a hunch that seems credible enough to underscore Buffets major silver stake as something more substantiated than idle speculation with no real basis of fact. As far as your stocks are concerned: PBI still looks higher - still rates a 10 as does MRK and DELL, which resumed it's 10 status between Dec 29 and 2nd week of January. I sense Dell could pull back sometime next week though, might want to test the gap it made this week. Lu also a 10 falls into same category here. AMAT and KLAC rate 8-9ish and NVLS a 10. CIEN rates a 2 ie 20% chance of going higher 80% probability of going lower, I'll pass on this one. (Unmentionable) Stock formerly known as _ _ _ _ has improved to a 6-7 ie 60-70% probability of going higher. I'll put together a list for you of my trades of recent weeks. I am considering posting some trading ideas every so often on the thread that folks can pick and choose from if they want. If you're interested, I can try and rate all of them. I've been working on ways to define the highest probability winners and best performers from a number of different sources of equity intelligence that I screen daily looking for issues that show signs of great promise. Then, I apply my analysis and rating system to them and if they check out, there is usually a high probability of success. I must admit, this has worked very well for me over the past few months, and although this is groundbreaking work, I am also keenly aware that no system is infallible. As you can probably tell, I am careful about what I commit to words in print as I don't like to publish things that I will later live to regret. Quality vs quantity is what I strive for. You may recall just before Christmas, I managed to establish some great entry points in INTC, MSFT and AAPL very close to the 52 week lows in all three issues, though I did miss part of the later move in MSFT and INTC through trading in and out too much. Made up for it last week though! Last week, I knew for sure that the last in INTC back to 83ish would turn out to be a great buy because of the nature of the overall move and pullback. I was kind of annoyed with myself for not loading up some more and perhaps alerting others (eg. y'all) to it more aggressively. Reason was with the kind of structure unfolding in INTC, I would have been extremely surprised if Intel had not re-tested the 90 level at least. Now that this has already been exceeded, there is a high probability that if the overall market momentum is maintained, things could get pretty explosive with this issue and we might see much higher numbers than most are expecting. INTC also rates a 10 at this time. Rgds Wiz