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Technology Stocks : Intel Corporation (INTC)
INTC 48.23+2.3%Feb 11 3:59 PM EST

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To: Bill Elliott who wrote (9016)1/22/1997 7:05:00 PM
From: carl a. mehr   of 186894
 
Bill,
My portfolio is 80%+ in Intel! My margin to equity is 43 cents borrowed to 57 cents mine, so there is room to buy more Intel. I might just do that! When you have such a fantastic stock as Intel, probably the safest stock in the world in which to put your money, why minimize your gain by diversifying? Diversifying was the problem with my investment strategy last year. The semiconducter equiptment stocks held my portfolio back last year, so I had to settle for a mere total portfolio gain of only 151%.

This year with AMAT, GSNX, KLAC and TNCR helping out my total portfolio is up 40% since Jan 1, 1997. When I evaluate my paper profits, I always include the cost of borrowed money. You don't ever want to fool yourself. I expect a 200% gain this year. A price of 266 for Intel give it to me. Am I reaching for the moon? I don't think so. AMD and Cyrix are just picking up a few crumbs here and there, so IMHO Intel is in charge of the Universe!

I have just spoken my mind as I see the picture shaping up.
I work hard at being humble, but I constantly have to try harder. You should try walking in my shoes!
Best investing to everybody.
greedy humble carl
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