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Technology Stocks : IS INTC A GROWTH STOCK?
INTC 37.24-2.8%Nov 6 3:59 PM EST
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To: Yaacov who wrote ()5/2/1997 7:42:00 PM
From: Eqmx   of 243
 
Hi Yaacov,
I definetly think of Intel as a growth stock.
Intel is the giant in the microprocessing field.
I live about 45 minutes from Intel headquarters in Silicon Valley and Intel continues to make periodical news on their facility expansions.
Intel has one basic goal; create faster and more powerful chips. This ripples throughout the industry creating new jobs and new companies that supplement this expanding market. Microsoft works well with Intel since they write most of the software needed to run the more powerful operations.
We all win, we get more powerful machines capable of things not yet dreamed and Intel and Microsoft win by accumulating mega $$$.
Personally, I have made good profits with Intel in 1996/97 I gained 102% No other stock gave me such return.
The only time I lost with Intel was a while back when I tried buying puts after a fast run up in the stock.
Your analogy of that German company not updating to Win 95 is not a negative at all; they will eventually be forced to update to the better systems in present use to keep up with technology, thus spending more money than if they had done a gradual updating.
There is no escape from it! Intel is the winner; they have the world has their number one client.
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