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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Greg Luke who wrote (3112)1/28/1998 12:31:00 AM
From: Hank Stamper  Read Replies (2) of 42834
 
"Come to think about it, I guess it must be the 4% of his portfolio he uses to invest in stocks. And he did mention that you have to know everything about a stock to trade it. Maybe that explains why it he considers it his trading stock. But doesn't explain why he doesn't consider it an investment for others."

Greg,
Brinker has consistantly said that one should not put more than 4% of his/her portfolio into _one_ individual stock selection. He has also explained over an over again why he does not consider INTC an 'investment' stock (i.e. not a long term hold stock). He has said: because of the movement to sub $1000 computers, sales in the higher priced/higher profit CPUs will account for an increasingly smaller percentage of INTC's profits in the present and coming term. I am not a great stock market wizard but it sure sounds like a clear and simple explaination to me.

David Todtman
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