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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: Tony Viola who wrote (103164)5/7/2000 6:07:00 AM
From: JDN  Read Replies (1) of 186894
 
Dear Tony: The strong will get stronger/the cost of capital these are self evident truths. After kicking around in the stock market for around 35 years now I have learned the only fairly safe way to make money on a regular basis is to keep your eye on the best of the best and when they dip for whatever reason the vulgarities of the market decree buy them. Once in, never sell unless something changes to make that company no longer the best of the best. Trying to "time" the market or to find the next "undiscovered" Microsoft or Wallmart or even EMC over a lifetime is a suckers game. For every 10 stocks like that you buy, 7 will lose 2 will break even and MAYBE 1 will be the jackpot, trouble is you will become discouraged and sell it before you realize THATS the one.
Having said all that, I still cant resist placing a few bets here and there but thats really all they are. The food money is on the "best of the best" the others are merely pocket change spread around for the fun of it. JDN
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