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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 (19043)4/15/1998 5:00:00 PM
From: Sonny McWilliams  Read Replies (3) | Respond to of 27012
 
Ann. I may fall in the same (Id...) category as TK. gg. I did sell some of my Intel just below 77 knowing full well that this rumor would bring the stock price down. I have every intention of buying it back tomorrow or so. I can't believe that this guy has all that pull. I just ignored his calls on the downside so far. We don't even know if the rumor of this price target is true and it is still a lot more than the price target of 55 we heard just a cpl of days ago.

Anyway, I got greedy and sold some in case I could pick it up cheaper. It suddenly went to 74+. I have no idea if it has gone higher again after market hours. While I was connecting to SI my wife sold some Intel in my IRA. I felt I should put the reported rumor on and what I was doing about it this time around.

I hope that not every seller has the same idea of buying Intel back tomorrow cheaper. gg.

As far as Orcl is concerned I heard several buy recomm. by analysts. It will go back up. I believe it went up again today. I was pretty pleased with HWP today. I have been riding this stock up and down forever. gg. UIS was upgraded today and I have not looked yet why HWP went up almost 3 points today. But I do know that I put an article on a little while ago that UIS is letting HWP do their chip work now, so maybe if UIS got an upgrade it was good for HWP also.

Did you notice that Plat went up today again? I think I mentioned to you that I bought it the other day?

If you are not on margin it does not matter that much if you trade or not. Unless you take out a lot of time and check out the stocks really well, you are better off in the long run just to stick to good cos. Your time horizon is a lot longer than mine. Of course a little trading can never hurt. I used to do that even when I had less time. Took care of some vacations. gg. I recommend stocks to my kids and they do not trade back and forth. They all have full time jobs and can't be bothered. And then they have always Mom and Dad to warn them if something goes wrong. Unless you hear about a fundamental change in a company you might as well stick with it.

Sonny