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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.18-2.1%3:59 PM EST
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To: EricRR who wrote (1043)7/18/2000 4:13:45 PM
From: Paul EngelRead Replies (1) of 275872
 
Re: "What price to "earnings" ratio would you assign to a closed end mutual fund which converted 2%, 4%, 8%, 16% ... of their equity positions to cash each year? "

I know nothing about mutual funds - except that my returns are significantly better than 99.9% of them.

As for Intel - Intel Capital specifically - they generate PROFITS which are then RE-INVESTED to provide future revenue streams - and FUTURE PROFITS.

What is inherently wrong with that?

Paul
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