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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (17890)	4/11/1998 11:00:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

IKE Don't forget, if "I'M" wrong, benevolance is the order of the day<g>.. In reality MSFT INTC DELL etc are the fuels that power this engine.. you may be right about the bottom of the techs, but I feel 2 more quarters of trouble are just ahead... However as we both know the markets are forward looking and could simply ignore this possibility and fire ahead on all cylinders.... Ike in real terms INTC is the semi bellweather of all bellweathers, and their guidence at their CC will expose what is reality and fiction...DELL has already said that they are fine, and so has MSFT...the justice dept has NO bearing on MSFT's bottom line... So there is good things for the techs...i am playing a short term phenomenon, that I feel will reward me, next week... As I sit now, if INTC misses, oh boy I'm looking good, real good Ike, if they don't??? then I just close my put positions and move on...my current entry points on all of my put plays will allow me the luxury of holding thru INTC...i can't not get hurt...it feels a heck of a lot better than last year...<g> Now for the other side of the coin...Everyone here should be thinking about PFE and their new Viagras drug...IMO, this stock will move from 99 to 120 within 60days split 2-1 and then move right back up to 120 sometime next year...Leaps are the way to go...their expensive but still, it's a leverage way to participate... PFE will be the #1 drug stock in the world, the sales of this drug will be astronomical IMO...You can buy some short term calls and longer term leaps...BTW MRK is almost in the same boat...at 126 this stock is cheap...Right Line predicts a 3-1 stock split at 140-150 it should get there 2-3 months easy!!! buy now and enjoy the ride.. Have a nice day.....:>}