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To: Mary Cluney who wrote (73613)2/13/1999 10:13:00 PM
From: Gary Ng  Respond to of 186894
 
Mary, Re: Your less than $100 estimate can happen only if we see a drop of 3100 points on the DOW or 800 points on the NASDAQ

Not necessary, wait until May and you will see it(less than
$100). Of course I wish it will not as that would make all
INTC longs very happy.

Gary



To: Mary Cluney who wrote (73613)2/13/1999 11:03:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
Thanks, Mary. I didn't have the patience to answer the new guy. Italian, I guess. You said it better than I could have, anyway.

Tony



To: Mary Cluney who wrote (73613)2/13/1999 11:26:00 PM
From: Ibexx  Read Replies (3) | Respond to of 186894
 
A midnight snack for the INTC threaders:
____________

February 14, 1999

LIBERTIES / By MAUREEN DOWD
A Pound of Flesh
(NY Times, Op Ed)

WASHINGTON -- After going to the House Judiciary hearing room, to watch Henry Hyde modestly concede defeat under an oil portrait of Henry Hyde, I sat in the park near my office for awhile.

It was a near-tropical day. Seagulls swooped. Valentine sweethearts canoodled. I felt hopeful, giddy even. Something that never should have happened had ended with some dignity and sense.

What a relief. All the gasbaggery and phony seriousness and incredible hypocrisy that had gone into this farce could now be applied to other issues.

The coda of the President's trial brought a goofy blast of bonhomie, with a grinning Trent Lott presenting William Rehnquist with a cheesy gold-plated gavel plaque, as if the Chief Justice had presided over a Rotary Club meeting.

The horrid fever that gripped Washington for a year seemed to break -- recalling the moment when the Fairy Queen Titania, released from her spell, looks at Bottom and realizes she's been obsessed with an ass.

"And think no more of this night's accidents," Oberon tells her, "but as the fierce vexation of a dream."

But the dream, as we like to say in the news biz, soon turned into a nightmare. Within hours of what the incredibly annoying Lindsey Graham called the constitutional cleansing of the President, the skies suddenly grew dark with lightning and thunder and the capital grew dark with talk of revenge and betrayal. We spiraled from "Midsummer's Night's Dream" to "King Lear."

"I pardon that man's life, what was the cause?" Lear rails in the storm. "Adultery? Thou shalt not die. Die for adultery? No. The wren goes to't, and the small gilded fly does lecher in my sight.

. . . fie, fie, fie! Pah, pah!"

As Shakespeare knew, it's not easy to restore balance after an upheaval in the natural order of things. "I fear," Mr. Lott said as he belittled the President's character mere hours after the vote, "that this sordid saga is not over."

Pardoned, Bill Clinton wants payback. That's normal. As he once said about fund-raising, "You can't take politics out of politics." (It would also seem that you can't take Bill Clinton out of politics.)

The only real closure, after all, is revenge. Or, as Michael Corleone would say, the time has come to settle the family's business.

If the impeachment was Republican payback for Watergate and the 60's, and the trashing of Anita Hill was Republican payback for the Democratic thwarting of Robert Bork, now the pendulum swings again, with Democrats determined to extract a pound of flesh. (It was a pound of flesh that got us into this mess.)

And the Republicans have given the Democrats plenty of ammunition. Just as Democrats once labored to shed the "L" word, now Republicans will be branded with the "I" word. Impeachment will carry the ominous overtones of a new Comstockism, the intrusion of moralism and politics into private lives. We will continue to witness the titanic twilight struggle between Comstock and Woodstock.

The Republicans are whining about the President's plans to get even. The party of mega-bullies like Newt Gingrich and Tom DeLay is shocked that Mr. Clinton might yearn to knock off some of the guys who tried to knock him off.

The G.O.P. has always been expert at trivial vendettas.

Lobbying for President Bush's budget deal in 1990, chief of staff John Sununu canceled an Ohio Republican's reservation for the Presidential box at the Kennedy Center after that Congressman said he was leaning against the deal.

In October, there were news reports that Mr. DeLay threatened a high-tech trade group when it hired a former Democratic Congressman as its president, arguing that lobbying groups should only hire Republicans.

White House aides are trying to play down the notion that their boss plans a Valentine's Day massacre. They admit the President wants retribution in the next election, but say he has that dark impulse compartmentalized in one section of his brain. In another part of his brain, they say reassuringly, he wants reconciliation.

We should be happy the President is plotting revenge. At least revenge is an agenda. And an agenda is what Bill Clinton desperately lacks. If there's one thing we now know about this inhabitant of the Oval Office, it's that he must at all costs be kept busy.

****,
Ibexx



To: Mary Cluney who wrote (73613)2/14/1999 12:38:00 AM
From: Michael Bakunin  Read Replies (2) | Respond to of 186894
 
Mary, Tony, Paul & thread -

Still waiting for any estimate of fair value from y'all. What would it take to get you to sell Tuesday, and, broadly, why?

A glance at my profile will give you an idea of my current stance. I don't like the looks of the market, but especially dislike PCs. My puts are treating me right this month -- but as Paul should know, just because the market goes your way doesn't make you smart.

Thanks for the replies; further input would be appreciated.

bakunin