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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%Feb 10 3:59 PM EST

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To: ian who wrote (4847)11/7/1996 12:37:00 PM
From: Ramon V. Frias   of 186894
 
Ian

How can you possibly feel dumb about a trade where you made 100+ return
We have to accept the fact that it is impossible to sell at the absolute
top. If the same analysis that led you to buy 40, led you to sell at
100, then I would say that you,re on the right track. Whether you get back
in would depend on your time horizon. I believe every portfolio should
have a long term position in Intel always, or until the PC's popularity
is threatened (which I donot see in the forseable future). When opportunities
like 1/17/96 (intc close @ 50) arise then that's the time to load up, with
a exit price for the additional shares that were purchased.

I too sold some at 98 when the stock was begining to look a little tired. I felt
I could get more leverage out of some other semis that have not started
to moved yet.

Best of luck;

Ray
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