SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Sonny McWilliams who wrote (22045)12/22/1998 5:30:00 PM
From: Sonki  Read Replies (3) | Respond to of 27012
 
aol closed at 135???? it shows that way.



To: Sonny McWilliams who wrote (22045)12/22/1998 5:44:00 PM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 27012
 
Good Evening Sonny,

For many weeks I was frustrated that my largest holding Dell and Msft were just sitting there looking stupid while the frenzy was going on with the internut stocks. I was in too much disbelief to realize that a dramatic phenomenon was unfolding before us. Well finally I think the view is a lot clearer. Things just seem to keep getting better for AOL and I guess there was a couple of reason why I decided to plunge into AOL aggressively on Monday. I spent the weekend feeling inside that waiting for a pull back and trying to time AOL is just foolish. We are on a few frontier and still on the ground floor of one of the greatest opportunities of our time and AOL is in my mind now the budding Microsoft of the Internet. I should have moved into this stock long ago when you and Sonki were talking about it but I was not convinced. When I took my first position after the stock split I bolted the next day after the split as the stock retreated. I was not used to being on Margin of any magnitude so this was a bid uncomfortable. I finally bought a couple hundred shares in the early 90's and when the stock crossed over 100 I knew I had to have it back. Over the weekend seeing the Movie,"YOU've Got Mail on top of so many great things I had been reading about AOL made me decide to go back into this company with aggression. As for Marcie's hesitation about going into AOL now I like to recall a phrase from the Army. " yours is not to reason why yours is just to do or die. With AOL yours is not to reason why, yours is just to buy, buy and buy.

Have a good evening
Frank



To: Sonny McWilliams who wrote (22045)12/22/1998 8:40:00 PM
From: Frank Ellis Morris  Read Replies (3) | Respond to of 27012
 
Sonny, Two great news pieces after the bell. first AOL and then 3com.

Tuesday December 22, 7:40 pm Eastern Time

3Com quarterly profits top analyst
expectations

(Adds additional analyst, executive comments and details in 12th
to 16th paragraphs.)

By Duncan Martell

PALO ALTO, Calif., Dec 22 (Reuters) - Quarterly profits posted by 3Com Corp., the No. 2
computer networking maker, sailed past Wall Street forecasts on the strength of brisk worldwide
sales of new products, particularly in Western Europe.

The company on Tuesday said profit before a charge for the second quarter ended Nov. 27 rose to
$133.4 million, or 36 cents a share, from profits of $86.7 million, or 24 cents, in the year-ago
period. Revenue surged 29 percent to $1.54 billion from $1.19 billion in the year-ago period.

Buoyed by new products, the largest maker of computer modems and of the Palm handheld
organizer also surged past the so-called whisper number -- circulated among traders -- of 33 cents to
34 cents a share. The consensus estimate in a First Call Corp. survey of analysts was for earnings of
31 cents a share.

''This was just a stellar quarter,'' said Michael Cristinziano, an analyst at Gerard Klauer Mattison in
New York, who rates shares of 3Com as a ''buy.'' ''The stock should react positively.''

Hope that the techs rally tomorrow. Intel is really competing with AMD but the lower prices should be good for the PC makers

Laster
Frank