Greg,
I know that 1997 was not a good year for the split! I have owned INTC
since the company went public. I have bught gardaully and kept INTC in my fixed portfoglio, and I have traded it on daily basis in my trading portfoglio. Depsite the nasty 1997, if I look at what INTC has
contributed to my portflgio over the last ten year alone, even if the
stock goes to 35 and 40, I have still made plenty of money.
Furthermore, I own good stocks and I own bonds. Only 30% of my total
portfolgio is in stocks and the rest in investment grade bonds. If
INTC would go to 100 in Jan. 4th, I still have no better place to
invest my money in!! So, I stay put and in a year, or two, or 10,
if necessary. INTC, like all other great comapnies has its highs and lows, it is only matter of time! |
