Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: William Hunt who wrote (22703)	2/9/1999 5:03:00 PM
From: Sonny McWilliams	Respond to of 27012

Bill. You must have listened to that Contrarian Fund guy, Dreman?, who was on CNBC a little while ago. He got this really stupid laugh about everything. Yeah, he thinks he can buy those techs a lot cheaper. He has said this as long as I can remember. As a matter of fact, I can't remember when he was bullish last. I think he missed the whole bull market. And talking about CNBC. When the chips are down, not meaning the chips per se, all they can find are bears. Like somebody said: Just makes their eyes pop with joy when they can report down days like this. And then they continually advertise through Maria Bartaromo: Will the internet stocks be hit next? Absolutely stupid. They have been hit for days now. They have been hit so hard that I am eyeing a cpl of them. I don't know if you heard that Ralph Acamporo has put out over the wires thet the reason the market was down so much, was that the utilities were down. B.S. The utilities were up yesterday and so was the market until those 4 wise guys talked the market down. It plunged over 90 points at one time despite the utility sector being up. I still think that the SEC should do a better job and check those analysts out. I would really love to know if Prudential sold a lot of their stocks before they put that 5 to 10% down call out. Utility index, my eye. Those guys are playing games with our money. The market was down almost 5% from its high when this call came. I think talk is that this was the worst day ever for techs. Sonny