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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jake0302 who wrote (70226)	12/26/1998 9:49:00 AM
From: Ex-INTCfan	Respond to of 186894

Janar, I agree with you. The gains in the net stocks are huge. My expectation is that major selling will not take place until January, so taxes will be deferred an additional year. As long as the charts for the big techs still look good at that time, I'd expect some of the Net stocks' profits to go there. If the charts have turned negative by that time, there might be a two-week lag before that happens.

To: Jake0302 who wrote (70226)	12/26/1998 12:41:00 PM
From: nihil	Respond to of 186894

re: Tulipmania The sheer mechanics of losing all that surplus cash are enormous. Year end window dressing for non-index mutual funds and foundations and endowments require that the really successful growth stocks be held as of Dec 31. Those funds that actually hold the good stuff, will be damned sure that it doesn't fall in value until Jan 4. They have bought puts and stand ready to fix the values at defensible levels. Wasn't it astounding how INTC stuck at 125? That means a boom in Dell, Cisco, Sun, Intel and AOL. You have to show your clients and beneficiaries that you can tell a hawk from a handsaw. That good stuff better be on the books, and not a single cent of cash. Individual investors had better be ready to hand over their shares. My demands are modest, but I stand ready to sell good stuff at the high of the year up to and until 1600 EST on News Year's Eve. I will even liquidate my '99 former leaps calls and pay the criminal long-term capital gains taxes on my exhorbitant profits this year rather than face a possible slump before expiration in January. But what about the New Year? What institution, once they have this good stuff on the books, can find anything better to put it in? Once, forced by public opinion, they have overcome their natural initial revulsion at paying 500 or 1000 times losses for internuts, they are complicit in the fraud. They dare not admit to the bubble. Why do you suppose respectable brokers (if there are such) and MER put buys on internuts? Institutions own 70% of AOL which is absurdly overpriced. If it falls, a lot of violation of trust lawsuits (prudent man rule) are going to be filed. How could a prudent man bring himself to buy a balloon like AOL? Brokers must furnish the recommendations because if they don't, their customers will shop someplace else that will give them a buy recommendation. These guys must have some bankable DD that they are not investing in fantasies. Until the collapse, every institution has to hold a few tulips or explain why not. Well, the bath is overflowing, and I must get in it and slosh out even more onto the termites below. I hope to have my AmphiApple[TM] up on the net soon. It is steam powered, uses completely optical chips, has a translucent mauve and chartreuse case, floats in the tub (even has an integral soap dish and stereophonic ear picks) and communicates by infrared semaphore with the cable modem, so that one need not fear instant electrocution. I was hoping that I could wait for the Dellafloat[TM], but I think the delay in Harold's Blue Tooth initiative has hung that one up for good. Happy Kwanzaa (or "Boxing Day" as it is called by some of our Commonwealth friends).

To: Jake0302 who wrote (70226)	12/26/1998 2:32:00 PM
From: ron delany	Read Replies (1) \| Respond to of 186894

Janar regarding nasdaq 2350. I'm wondering how you came up with that number. The reason why because it's exactly the same target I've got on the nasdaq and it seems a strange coincidence. I used P/F 3 box 25 points I think.

To: Jake0302 who wrote (70226)	12/26/1998 2:35:00 PM
From: Paul Engel	Respond to of 186894

Janar - Re: ". 8.7 billion into Mutual funds in the week ending Dec 25, compared with an average of 3.4 billion. That cash has to go somewhere, and, part of it will go into large, well capitalized, established hi tech companies, ie INTC, CSCO, MSFT, DELL, WCOM... that bounce may only last for a few weeks, but it is coming, and I think it will be substantial... DOW 9700, NASDAQ 2350... ? " That is some serious money. Let's enjoy Intel as the Money Managers deploy these big bucks ! Paul