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Technology Stocks : Intel Corporation (INTC)
INTC 37.28-0.6%3:59 PM EST

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To: fingolfen who wrote (166199)6/11/2002 4:44:52 PM
From: kapkan4u  Read Replies (2) of 186894
 
<As a long-term investor I'm really far more concerned with how Intel is going to look in 2003-4 than whether it drops below $20 in the short term. Intel has always been a stock to hang on to for the inevitable run-up, but in order for me to stay in the stock long, it will need to return to that behavior. There won't be significant movement of the Intel stock until Intel + others have announced a real turnaround in the business and have released profits showing real growth (or news of similar magnitude).>

As a long-term investor you should have realized long time ago that Intel's business model doesn't work when stripped of the monopoly powers.

I bought my first AMD while still at Intel in November 1998, after learning the first details about K7. Few months later I was completely out of INTC. There was a remote chance of credible competition to the monopoly -- the risk I was not willing to take.

Kap
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