mjoe, Re: "I would like to know why to keep my long position in INTC."
When you consider the effects of a market recovery, you have to realize that those companies who position themselves in the best way receive the best rewards when markets improve. No one knows when the recession will be "officially" over, but we are seeing signs of improvements, at least compared to 2001. In this respect, I think that most of the longs here think that the economy will recover sooner rather than later, but whether it's next month or next year, no one knows for sure.
As for how INTC fits into this, consider the capex investments they've made during the worst recession the tech industry has ever faced: $7.2 billion last year and $5.5 billion this year - this is far more than any other company right now (and that doesn't even include the billions funded towards R&D). If you stick around this thread, I think you'll find that Intel has a lot of very good technology on the horizon, and some of it has already just recently been released.
I think if any company is well positioned for an economic recovery, it's INTC, and I think that a lot of people here agree. The only question is how long to wait. And that's a question that no one wants to answer, I think.
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