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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%Feb 6 3:59 PM EST

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To: Smart Investor who wrote (4186)10/15/1996 9:00:00 AM
From: Wowzer   of 186894
 
It probably won't be the best stock next year, but for the risk return ratio, Intel is my best bet. You have a "branded" product that is practicly a monopoly. When someone goes in to buy a computer most of them don't know a megabyte from a dog bite, but they do know they want that "Intel Inside". Even if someone else comes out with a superior chip, the cost of producing and distributing is enormous, last I heard it cost about a billion to build a Fab. And unless your Gates or Buffets favorite nephew that not easy money to come by, especially when you tell them you plan to use it to compete against Intel. I think what we are looking at today is the equivalent of the beginning years of the auto industry and instead of having the big three, there will be the big 1! Also I am not holding Intel for only a year. I am buying shares for my sons college education. He was born 2 months ago. What will this company be worth in 20 years? I don't know, but if things keeping going like they are, he will not only be able to attend any school he chooses, he will be able to buy it. Instead of Harvard we will rename it "Heiner" kinda has a nice ring to it.

Best of luck,
Rory
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