Kevin,
I manage the family business. In 1996 it yielded 6.6% after having
paid the taxes. For the trouble that I go through with the unions,
labour, clients, and suppliers, I feel it is not worth it. If I do
continue it is out of habit and not gain. My gain comes from the stock
market. INTC being 10% of my total portfoglio weighs a lot on me,
despite the satisfaction I have had owning the stock, over years. I am not
passionate about stocks, I could careless about Andy Grove or Bill
Gate, and I could careless even more about the AMD v INTC. I look
for Tahless(you what that is!)
INTC has established supermecy in the field, but me fears are that every good thing will come to an end. This
is not my wish, but fear. I am afraid that we will have a slow down,
sooner or later, infaltion, and recession. This is a circle that will
rapeat itself. With Ko, and G you can go to sleep, whatever happens,
people will sahve and drink coke. But they nay not buy computers
for a few years, one can do without, or they can upgrade the old one.
what then? Look at INTC thread three weks ago when teh stock was
down, did you see the fear, and desparation? Now with market at 7000
we are all bulls. I am one two, but Cum Grano Salis.
Kind regards,
Yaacov |
