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Technology Stocks : Intel Corporation (INTC)
INTC 36.31+0.6%11:27 AM EST
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To: Jon Klaus who wrote (26165)7/11/1997 2:29:00 PM
From: David S.   of 186894
 
Humble Carl: I must say I am concerned that you allowed Victoria Gate
to sway your planned Intel purchase. The info you should be going on
is substantiated data such as Paul Engle provides, or serious and
reasoned arguements such as Fred Fahmy or Ibexx provide. Victoria
(if that is her true identity) only prognosticates in unsubstantiated
half sentences and every two days or weeks she takes the other side
from where she was last. Consequently she is always "right"
because she has predictions on both sides of the table sitting there
at all times. She should in fact be call Swinging Gate not Victoria,
because that is her investing logic and style. By the way, Humble
Carl, I beat your challenge of 300% in 18 months. I bought Intel
warrants 30 months ago at 12 and 1/2 (this equals 6 and 1/4 at the
current post split level). My gain in value at today's price is
1800 percent. At the recent high of 165 on the stock, that would
be a gain of 2000%. When Intel hits $200 per share in due course,
my gain will be 2560%. You are going to have to work harder to
catch up. (That is on a percent basis. I have nowhere near the shares
you have.) The message though is: "Stick with what your heart tells
you. Don't follow the swinging gate." (quote from the moat)

Regards, David S.
Long on INTEL and IOMEGA
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