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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: freeus who wrote (7065)9/26/1999 3:32:00 AM
From: Bruce Brown  Read Replies (1) of 54805
 
Oh good Lord, I forgot that Intel has fallen from the mid 80's to the 70's...

Actually, it retraced from a high of 89.5 to 72.625 before settling on Friday's close to 75 and change (PE of 35.69). Using the two outer figures, that's a quick little 19 percent 'correction'. I guess we're not sure if the downward pressure is over yet, but who ever said Gorilla Game investing was safe? To be fair, since the low day's after Oh Danny Boy Niles conducted his early summer mud slinging of the Intel name, the stock is up a little over 50 percent as of Friday's close.

I'm not sure which I would rather have, a quarterly Intel mud sling by Niles or a 50 percent quarterly return following the damage his mud slinging created. If we could guarantee that one could not exist without the other, I think I would have no problem assembling volunteers from this board to help me provide plenty of mud for the San Francisco Office that Danny Boy resides. Oh, wishful thinking.....

BB
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