Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

+0.2%

3:59 PM EST

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To: f.simons who wrote (87813)	9/5/1999 6:13:00 PM
From: t2	Read Replies (2) of 186894

One of the longest lists in the world is the list of people who waited to get Intel at a cheaper price and never got the chance. It's a losing strategy. Intel doesn't go up in a straight line, but a lot more money is lost trying to time the downs than is made riding the ups. I picked up Intel shares and call options when the stock was around $82 and I feel i got a bargain!! The call options were bought so I can quickly catch up to the shareholders who did not sell when it hit 55 or so. It used to be those stupid sell side analysts that caused me to get out of the stock for a while----always had a feeling that one of them try to knock it down. Now there do not even appear to be any such "experts". Dan Niles was telling people (I saw a CNBC interview) to sell the stock just a few months ago, giving out such stupid predictions on the future of Intel. I think he has also changed his views; they all have. When a company that did not meet earnings projections last quarter shoots up so much in a short time---you have to think something is up!!! Something other than just short term earnings outlook. It is very simple---they are a monopoly that got the government off their back very quickly. I bet Intel managements' favorite company is AMD. <g> This stock will continue to shoot up more than other tech heavyweights in the coming months, IMHO.

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