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


To: Sonki who wrote (20932)9/12/1998 5:38:00 PM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Sonki. I am staying with our techs, Pharmas and telecoms. I may buy some more Banks tomorrow. It may be for trading since I am not sure if there is another shoe to drop down the road. But at this point they look all tempting and most of them are at their lows.

DIS has warned of lower earnings. It was 25+ and talk is that it may go down more on Monday. So that's another company I will buy should it be down in the morning. It would be a solid long term buy.

I will do some trading in other stocks. I am pretty sure that this market will be volatile for a while and I am tired of seeing things go up and down and up again without me gaining anything.

I am still watching GLM. Those stocks are very low and should be bought for the long term. Insiders are buying. I have no idea why I didn't take the plunge at 10+. It has been a while since I saw GLM that low and it did not stay there very long. But 12 is still a good price. But I am still too much on margin and have a hard time buying stocks in the hope of things to come. I like to see some turnaround first. I am making an exception with DIS if it falls lower.

Let's see what Monday brings. I don't think that the bull is over yet and I am waiting for that DOW 9300+ by the end of the year.

I guess you are hearing all this good stuff on Dell? Some think it could be up 5 fold in 4 years. I wonder if Intel can do that? Well, I will find out since I am holding both.

Sonny