Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.51

-0.8%

3:59 PM EST

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To: Brian Malloy who wrote (24)	3/31/1997 6:46:00 PM
From: FANMAN	of 27012

Thank you for your objective post. I would like to again say that I am NOT against buy and hold. I have bought and held KO and G and have done very well. Furthermore, there are definite tax advantages. I still believe that there may be ways to increase our profits. I am also going to ask everyone to try and look at things differently for debate sake. 1. The WALLMART example is a good one. However, it cannot be assumed that you will buy a great growth company at its inception. Let's say you bought in 1990, would you hold until now? 2. When people speak of the woes of IBM,etc...they always speak in RETROSPECT. I know several IBM buy and holders who had as much love in their eyes as Frank who failed to see any problems until 4-5 years later(which you call short-term). A technology stock will not stay flat like WALLMART...it will decline. Again, this is for debate only. I see no problems for INTC in the long term(and I don't think AMD is the reason it is going down recently)...so no one needs to defend them. Brian,what do you see as INTEL's low P/E for 1997?

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