Amir,
I understand your dilema, yours and many other subscibers.When you
talk to anyone about diversifying into less fashionable stocks
such as KO,Royal Dutch, Exxon, Johnson& Johnson, etc. you are
snobbed. I have owned Intel since mid-1980's, same goes for MSFT,
HP, etc. I also like and own SUNW, and CSCO. But I keep some of the
blue chips I mentioned above, just for emergency sake.They do not give
1050% per year, but I can csh in and buy INTC at thirty.
INTC and CSCO are going to correct, but they will come back, later
this year. The sky is not really falling, the market those what it
always does. Do you remmber earlypart of 1996? Everyone panicked, and
instead INTEL made us all money. You will see INTC wil split, and will
will resume its march upward to 220 dollars.
Good luck.
Yaacov |
