Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.07

+0.7%

2:06 PM EST

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To: Tony Viola who wrote (96974)	1/20/2000 8:38:00 PM
From: Road Walker	Read Replies (1) of 186894

Tony, "Dumb old buy and hold type" is also my plan for my long term investments. I LOVED AMAT, thought it was a no brainer for at least two years. When they went out and paid 1770 times earnings for a company that was declining in revenue, my "old economy" logic kicked in, and I sold. Obviously a short term mistake. It's sometimes a hard market for folks like me that believe that real serious companies are managed by smart people that make good financial decisions. When I see what certainly appears to me to be an error in judgement, to say the least, I have to bail. The current valuation models may cost me some money in the short term, but my instincts have served me well in the past, so I will live with the downsides. I SINCERELY wish you the best with your AMAT, I hope it goes to 300. John

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