Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.26

+3.3%

10:51 AM EST

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To: Lee Penick who wrote (42116)	12/13/1997 2:02:00 PM
From: Peter Greenhill	Read Replies (1) of 186894

I bought INTC at 74 1/4 in February and with the œ strengthening against the $ am sitting on a 10%paper loss(approx).Also bought DIS CSCO PIXR and MSFT during March and April. Am sitting on a 24% overall profit including currency movements. I strongly believe that INTC is a buy at current levels and on 2-3-5-10 year term many will regret not buying when a quality company stock was available at rock bottom price. However my main point is that my diversification into 5 stocks has made INTC's drop easier to bear.I also have a portfolio of 19 UK stocks.I suspect that too many US investors invest in just one stock, fine when it does well but pretty miserable when it takes a big hit like INTC has. Many investors have learnt recently that stock market investment is not a one way ticket to gains.But IMO long term investors in quality companies like INTC with diversified portfolios will always do better than the day traders. Enjoy the weekend. Pete Greenhill London

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