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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST
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To: John Carpenter who wrote (42115)12/12/1997 9:45:00 PM
From: Lee Penick  Read Replies (1) of 186894
 
John,

I agreed with what you said, but what you said makes a profit, but it does not maximize it.

Timing the market it very hard if even possible, but if you can miss some of the big drops, it sure helps. Paul's information as of late is about this. As he said, he's not anti Intel, but instead anti-overvaluation.

Wouldn't you have liked to be short the last 30%, or at least protected by a Put?

Lee
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