SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alan Smithee who wrote (171193)9/24/2002 5:06:00 PM
From: BelowTheCrowd  Read Replies (1) of 186894
 
> My only point John was that until recently, this board appeared to be the home of LTBH INTC diehards who believe in the company, no matter what. Never mind that the stock still is trading at ridiculous valuations. <

They seem to have gone elsewhere. I've heard people mention something called iHUB but have no idea what it is. I suspect it's a place for Intel technology diehards to go and talk about how great their technology is. (The fact that you can have great technology and bad business for long periods of time doesn't seem to dissuade them.)

I'm happy that this thread is getting back to Intel as an investment. Personally, as a former employee and user of their products, I believe in "the company" too, and suspect they'll be around for a long time. But I don't equate "good company and good products" with "good investment." That belief is an gross oversimplification of Peter Lynch's investment advice that has been frequently abused in the last 10 years. In truth, it's just a starting point.

[Disclosure: Shorted a bit of Intel at 14.65 today. I'm ahead a bit as of the close, with a stop just below my buy point. Don't have much conviction, but believe lower is more likely than higher in the next few days.]

mg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext