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


To: billwot who wrote (19176)4/23/1998 1:49:00 AM
From: TechnoWiz  Read Replies (1) | Respond to of 27012
 
Hi Billwot: Thanks for the warm welcome back. I have a lot of valid stuff that is still current in relation to my ideas re the potential of surpassing 10,000 or 11,000 if at all. As long as you are prepared to excuse the fact that there may be a couple out of date items, I am more than happy to post them.

I thought today's run was terrific especially star of the day Intel (up over $5 or 6.49%), but now I have a bit of an antsy feeling about how things go tomorrow. FNTN acted great too. Built nice value at higher levels.

It could be a less enthralling day than today for Blue Chips. I didn't like the way IBM turned down so sharply from its high at 120 and Dell too turned down a bit towards the close. GE and GM also did not act too great.

There was zero response tonight from the S&P Futures to the fact that Disney was up 5 bucks in after hours trading. To me this is uncharacteristic and I find it inwardly troubling. S&P is acting a lot weaker than usual tonight which is also making me very un-easy unless we recover smartly before Thursday's open.

Then, I might feel a whole lot better. Also the sharp increase in volumes today may be a good sign if we continue higher or a bad sign if we reverse.

We may need to be particularly alert and attentive in Thursday's session. Could be a real critical day.

I know you are a wily old hand at this game. If you would like to receive my Email report for more frequent interpretations - please let me know.

Thanks again

Rgds

Wiz



To: billwot who wrote (19176)4/23/1998 5:49:00 AM
From: Frank Ellis Morris  Respond to of 27012
 
Good Morning Bill,

How have you been? yes it nice to see Intel which had been dormant for quite sometime come back to join the living. The perk in the techs over the last few session has been most impressive. Last night although Microsoft did beat the street, it issued a warning which is fashionable for msft to do. There may be a caution play when the markets open here today. Overnight we did not get any help from the Dax as one of their key component stocks got slammed:

Thursday April 23, 5:24 am Eastern Time

Frankfurt DAX tumbles with little help from

Siemens, one of Germany's largest companies, was not providing any help either, despite a
long-hoped for move to revive profits in its Siemens Nixdorf computer business.

Its shares were down 90 pfennig at 113.10 marks after turning over most of its PC business into to
Taiwan's Acer Inc (2306.TW).

It also outlined a broad reorganistion that would reshape its two communications units and the
remains of Siemens Nixdorf into three new divisions.

One top loser in morning trade was SAP AG (SAPG_p.F). Its preference shares slid three percent, or28 marks to 880.

-- POSSIBLE LOST DATA --

\000 The widely traded shares had soared earlier this month in

anticipation of first quarter earnings, and rose again after SAP said on Tuesday that pre-tax profitwas up 72 percent.

Deutsche Telekom (DTEG.F) was off 95 pfennigs at 43.55 marks. It had also risen sharply recentlyafter lagging behind other telecom shares so far this year.

On the upside, Hoechst (HOEG.F) was up 2.5 percent, or 1.71 marks at 69 after Wednesday's
announcement to sell off its global polyester business.

On the Neuer Markt, or New Market, Drillisch AG (DRIG.F) shares were up 27 marks at 461 in
their second day of trading.

We will have to see what plays out here today

Have a good Thursday
take care
your friend
Frank