Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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11:51 AM EST

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To: Frank Ellis Morris who wrote (10505)	10/1/1997 3:15:00 PM
From: Yaacov	of 27012

Dear Frank, I was coming back from a big meal at Paul Bocuse, and I admit that I was moderately tipsy!! So when I get in this elevator I couldn't bring myself to ask the question!! I knew your in Soctaland, and it couldn't have been you. I was also embarassed to ask the question!! Next time I won't miss the opportunity. Anyhow, I am glad that your back and hope you and Mrs. Morris enjoyed the trip. I stopped daily trading, buying and selling on small margins! After having compared the results of daily trading with what long term performance I found out that that may long term performance in 1995 did 27% better. For 1996 there was a gap of 38.3% and for 1997 so far it exceeds 20%. This doesn't mean that if I pick-up 15% on a stock in my trading portfoglio in two to three months, I will not trade, but daily in and outs isn't worth it because you just can't time the market. Kind regards, Yaacov

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