Hi Harry, Re: "First, I have never lost a moments sleep over Intel, and I've owned it since 1992. Through Pentium flaps, AMD, the PowerPC from Apple, IBM, & Motorola, and Tom Kurlak. Never a moments concern."
- So very true.
Re: "But if you get nervous if the price drops from 50 to 25"
- Buying opportunities.
Re: "Second, I have never found a better investment than Intel, so I have never sold any large quantity."
- My style is to hold onto a large core holding of Intel, never sell it.
- But I do take advantage of the cyclical dips, and I buy some INTC into them ~ usually about 1 to 3 purchases. But this last dip I bought about 5 or 6 times into the dip, which is way above what I usually do.
Re: "Sometimes Intel starts to look "expensive". analysts ...When Intel hits a bump, they run for the exits and trash the earnings estimates. By the time they realize their error, the price has run up, and they can say, "Gee we were wrong, but don't chase the stock at these prices."
- I agree.
Re: "That said, you may want to take advantage of periodic fire sales on Intel shares. Then you can add to your core portfolio a "trading" block. I purchased a few shares a couple of months ago at 52 and just sold them."
- This is exactly what I do with a bit of it, that's not core.
Re: "Hope this helps."
- It does. It's helpful to read both your post and Paul's post on this and hear what investment strategies are being implemented - I find it either educational or confirming.
Amy J |
