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

To: Frank Ellis Morris who wrote (22801)	2/17/1999 7:40:00 PM
From: musea	Respond to of 27012

Good evening, Frank. I am happy to see that you are weathering this tempest-in-a-teapot that is the Dell selloff. My gut tells me to hold on tight, and buy judiciously as the market turns upward. My strong feeling is that we have not seen the turnaround, and we will have ample opportunity to pick up bargains if we are not hasty. On the plus side, I think that a lot of the "air" has been taken out of tech stock valuations and that we are really getting to a point where calm minds can sort out the real growth stocks from the tulips. I have been having a devil of a time understanding a lot of the internet stocks but they are a lot easier to understand when their prices have come down. Also, Intel has held on pretty well. It was only a few months ago that INTC was trading below 86. I remember that well because I bought INTC too early in the down cycle and didn't come out ahead except for blips for more than a year. That's why I'm not going to try to catch the absolute bottom but wait and take a lesser bargain. Have a great evening. -musea