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

To: Frank Ellis Morris who wrote (20423)	8/3/1998 6:46:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Hello Frank. Well, another very volatile session in the stock market is over. First down, then up and then down again, 97 points worth and over 21 on the NAZ. But, I did hear that there is still lots of money flowing into the market and the markets should be going up this week. I guess you have heard that sev. analysts think that MO is on its way now and called it an excellent buy, especially since it has a 4% yield. I may have to look at it tomorrow. Yes, if you don't keep your eye on the market most of the days, the buy and hold theory is the best route to go. Unfortunately, the Mutual fund and Money managers don't see it that way. In the last year things were not too good unless you had some of the good techs like Dell, LU, Cisco and Msft and Pharmas. I have been trading sev. stocks back and forth and have made out pretty well. Like Cendant, ZAP and Amzn. I am out of all of those now but am looking at them again. Those stocks had a very nice up and down move and were good trading stocks. Should have done the same with my HWP. But you can't call them all. HWP was def. not a good buy and hold last year. I have been holding on to my basic stocks but had pared some of my Intel earlier this year - I was just too overweighted with Intel's slowdown in sight for a while - and went a bit more into CPQ. But Intel's demise should be over soon, especially if Asia turns around and actually even without that if CPQ sells enough cpts with the new Intel chips (Xeon) I don't know if you have heard of Courtney Smith. I have followed him for years. He said again today that CPQ is a buy now. He said he was a bit leery on it lately but sees a turnaround now. He thinks growth should increase 3 fold in the next year. Let's hope he is right. And Intel was holding up well during todays debacle. It was up quite a bit and despite the drop of the markets in the end, Intel still came away with a gain. I think Cisco was up over 3 points at one point and ended up also. Hopefully Dell, Cisco and AOL come in with good earnings; that may give the market a boost. This Clinton/Lewinsky saga just never ends. Now we are seeing new pictures and only the birds with their heads in the sand do not see the tale. Our leaders should not be able to get away with perjury, no matter in what case it was done. I never saw a law where it says, well, maybe here it is perjury but probably not there. Perjury is perjury. I guess we will find out. I certainly would rather have Mr. Clinton serve out his term than to have to put up with the one next in line. The newest polls state (not counting CNN) that the majority of the people do not believe in perjury of any kind. What's good for the goose has to be good for the gander. So I am pretty sure that the President will stick to his story on the 17th unless the dress comes through and forces his hand. I am also a bit guilty when it comes to my emotions. Deep down I am thinking about the market and that should really not be our first concern. Oh well, nough said. gg. Let's hope for an up turn soon. Here is an article on Intel. I hope it was known already before the market closed. This article was posted after the market closed. But it really should not influence Intel tomorrow. I am sure everybody is used to Intel being sued. gg. biz.yahoo.com Sonny