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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (19275)7/14/1999 3:06:00 PM
From: sea_biscuit  Read Replies (1) of 25814
 
Are you saying that INTC will not be a good investment in the future, near-term or long-term ? Even I am inclined to think that way. When there are too many people saying that something is a "sure thing", you can be sure that it won't be all that wonderful in the future!

I mean, at a dinner table with, say eight people, I can bet that 6 or 7 or even all 8 of them would think that one "can't go wrong" with stocks like INTC, MSFT, CSCO, WCOM etc. My own feeling is that whenever there is such a cheery consensus as that, the stocks will almost invariably prove to be poor investments going forward. I for one wouldn't be at all surprised if more than two of the above 4 stocks under-performs the S&P 500 over the next 10 years...
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