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Technology Stocks : Intel Corporation (INTC)
INTC 49.25+0.9%Feb 3 3:59 PM EST

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To: Paul Engel who wrote (36566)10/17/1997 9:24:00 PM
From: Pancho Villa   of 186894
 
Paul, you make a good point. Waiting for any patent litigation issue being resolved may mean missing the next doubling of Intel's stock price. I also believe Intel's continued strategic move into markets other than the PC CPU market is a significant growth factor that will bring in big bucks and investors may be forgetting about this area. Thus, risk adjusted excess returns in Intel may once again be possible.

PS: I agree with your view on the market. No point in wasting energy trying to time the market.. I myself follow a dual strategy in which I mainly buy and hold but trade on the periphery of the portfolio. Right now I am sitting on some cash and have taken a bit of a defensive approach selling stuff that has moved up way to fast like QCOM and VTSS. Hopefully they won't run away from me the way WLA did.

Regards,

Pancho
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