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Technology Stocks : Intel Corporation (INTC)
INTC 39.36-0.1%3:59 PM EST

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To: Paul Engel who wrote (57236)6/5/1998 2:46:00 AM
From: 16yearcycle  Read Replies (1) of 186894
 
OFF TOPIC:

Paul,

The capital equipment makers are in one of their typical nose dives. Over the past 10 years, Applied has followed each decrease in its stock of greater than 50%, with an average stock appreciation of ~450% in 12-18 months. My question is, if applied does slide to about 1.5 sales, or about $20 per share, why would you not put every penny you have left into it, knowing that the rebound will likely get it to around 100 within 3 years? Can you see any reasonable negative scenario that would prevent you from taking the plunge?

TIA

gene
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