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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Jim McMannis who wrote (113294)10/12/2000 2:53:20 PM
From: Paul Engel  Read Replies (1) of 186894
 
McMannis - Re: "Why else would they buy?
So how many times have you been wrong about the bottom in Intel since 76...didn't you start guessing wrong at about 60?"

I have been wrong about the bottom every time - except maybe twice.

Big deal.

I didn't always get the lowest price - but after a year or two, the appreciation of the stock has made that "miss" very, very insignificant.

Re: "we all feel your pain, maybe not as much as someone who's likely lost over half their net worth in 6 weeks (on paper)...but the bear catches all who dare invest in stocks from time to time."

If you pick Intel's recent all time high, yes, my "net" is down about 1/2 from there.

On the other hand - I like to compare my "net" to what it was many years ago - and it's UP A WHOLE HELLUVA LOT !

Paul
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