Dear Arik,
I love opposing point of views. We can all worry about the next crash, and I think it might happen, but I believe that the crash wouldn't be nearly as bad as 40-50%. Here's my reasoning: a) United States is the most advanced Nation in Technology overall, I think after the post cold war era, economy is turning global, technology will play an important role in deciding the future commerce of the world, our technology driven market will continue to expand, and Intel is in the middle of this phenomenon, b)baby boomers are up and running ,nothing will stay the same after the boomers, having enjoyed the freedom of warring long hairs and bell-bottomed pants, the boomers are saving up for retirements, and I think they are very conservative, thus there are plenty of money in the market, they would love INTC,it is a company that wouldn't stay stagnant for long, and it will attract conservative boomers, of which, I am one, c)Intel is one company that already reached out to all over the world, people may not recognize Gateway,but they will recognize INTEL inside! I can give you many other reasons, In a nut shell, we boomers are open minded, "I" love Intel as a company, but....I want to make sure I have all the opposing viewpoints, what other better place than to read up on you guys? Please bear in mind that I am not blindly investing into one company, I simply have chosen one of the most outstanding company to invest into so I can keep an eye on it everyday! Since I don't think INTEL will sink 40-50%,occationally I would neglect it for a few days if I think the company is not going anywhere.As an investor, one must learn how to study a company in depth, constantly compare and evaluate for saftyof one's investment. This post gave me lots to learn and to think about. My so call style in investment is really no style at all, given time I may learn how to invest in options, but the simply and humble fact is, I am still learning. I hope the answer is not too long winded.
Sincerely Yours,
Robert Tsui |
