Thank you for the many kind notes that I received over the weekend. I appreciate those that were posted on this Intel thread, as well as the many E-mails that I received. A special thanks for the notes from my old friends at Prodigy, where I posted for two years prior to coming over to Silicon Investor. As I will not respond to each one individually to express my thanks, let me attempt to answer some of the questions that were asked of me.
----I did not say that Intel discussed 2 new huge business opportunities at their analyst’s conference in NYC. What I did mean to say, which I apologize if I was not clear, was that it became apparent to me, for the first time, that there were two new service areas that offered great potential for new revenue's and profit's growth for Intel. I believe that these new services can be provided by Intel if they choose to enter these future markets. It was apparent to me, by his note #1570, that "dppl" also saw the beginnings of that same potential. Further I believe that this latent potential is not priced into Intel’s stock, as of YET. I don’t know if Intel plans to, or actually will, develop these service areas as profit centers, but I will discus my views on this subject in greater detail, at a more appropriate time.
----Am I connected to a brokerage house now? No, not now. I was the computer analyst for EFHutton Inc. many years ago, (in the days when people listened to them).
----Do I do write a newsletter? No, nor do I plan to.
----Why do I post here? Because I believe in the concept of a Public Forum for investors. Silicon Investor is currently the PBS of the Internet, for investors. Further, I enjoy intelligent dialogue on investing, especially with those who are Intel, or industry, knowledgeable. However, I also believe that posting here carries an implied responsibility. Opinions should be supported by facts which are honest, forthright and without hidden agendas. I do not like to see this Forum used by some for an attempt to manipulate less educated investors. Especially distasteful to me are those individuals who prefer not to give their real name, or post intentionally misleading statements designed to get the reader to take some action without disclosing the authors true vested interest, or motive.
----Would I buy INTC here at 75? You bet I would. If I did not own shares of Intel since 1987, and had I not continued adding shares to my core position every time that I perceived a good buying opportunity, I would buy INTC now if it were above 100. Fortunately, for the long term investor, who does not already own Intel, they still have the opportunity to buy the stock for under $77 a share. One never knows when the rest of the world will see what you see, and make you pay more for Intel, just because you waited in an attempt to save a couple of extra points. You just can’t afford to be on the sidelines when Intel’s stock takes off.
----Am I brainwashed by Intel? No. As an analyst I try to be objective, however, I sincerely believe that Intel is the BEST company in the world to invest in over the long term and on a risk/reward basis. Intel is the leader in one of the fastest growing industries in the world, the Information Handling business. The company is one of just a few that is really benefiting from the growth of the Internet, NOW. They are innovative, have tremendous earning's potential, and equally important for me, their management has integrity, is ethical, honest, environmentally conscious, and stockholder, employee and consumer friendly. Consistently through the years, every time that Intel has made a public statement, it has made me extremely proud that I am an INTC investor.
Jules |
