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Technology Stocks : INTC
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: Frodo Baxter who wrote (594)7/23/1997 12:21:00 PM
From: Dave Budde   of 990
 
My two cents:

After having bought and sold Intel for the last 23 years I have learned one thing. Never ever ever sell Intel. I stopped selling in 1988. My average basis is under $0.50 (yes, that's the AVERAGE). Where can you find a better investment?

And I also don't understand why anyone claims that Intel is trading at historically high PE ratio. During the 70's and early 80's it was not uncommon for Intel to trade at a 40 PE.
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