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Technology Stocks : Intel Corporation (INTC)

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To: Harry Landsiedel who wrote (135824)	5/22/2001 6:41:33 PM
From: Eric K.	Read Replies (1) of 186894

Re: OTOH, I'm not going to take up Grove's investment strategy. For someone who seems so grounded in reality, chosing Amazon (shrug!) and Webvan! (ouch!) represents quite a lapse. Maybe from the perspective of personal investing decisions you're right, but then again, Intel Capital did a pretty damn good job. Invested in a bunch of (mainly) garbage companies, (mostly) sold them at orgasmically overvalued highs, left it to suckers (the buyers) to enjoy the falling exponential loss curve. It worked pretty well from the perspective of generating a bunch of cash for Intel. Maybe the timing of the sales was just luck-- but I think Grove at least knows how to pick good investment managers. -Eric

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