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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

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To: Harry Landsiedel who wrote (135824)5/23/2001 4:37:53 PM
From: tcmay  Read Replies (3) of 186894
 
Andy's investment strategy

Harry Landsiedel writes:

"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."

Only retrospectively. How many people 2-3 years ago were predicting Amazon's price collapse? Sure, some were. Many weren't.

It's always easier to retrospectively realize which investments were turkeys and which were winners.

I admire Grove for acknowledging his "mistakes" in investment.

As for my own, I bought Akamai at $90 and it's now around $12. And I didn't sell Intel at $75. Mistakes, or failures to correctly see the future?

--Tim May
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