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Technology Stocks : Intel Corporation (INTC)
INTC 39.77-4.0%11:38 AM EST

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To: Paul Fiondella who wrote (49450)3/5/1998 1:50:00 AM
From: carl a. mehr  Read Replies (1) of 186894
 
Paul,
Try to be nice! Since becoming a long term investor and learning from Paul Engel, Ibexx, Cummings and many others to spot value, my investment life has become fairly simple. Buy and hold, and live the good life.

It is true that I had a minor setback last year.
That was entirely due to my great character trait of believing that "Greed is good", and that "Double Greed is twice a good". I saw my portfolio drop from it's astronomical highs of 1997 to 1/3 of its value. ( Yes, margin calls got me back on my humble path when I strayed).

But, I say no problem: For every $1000 I started with in 1990 I now have $16,800. That computes out to 42.29% compounded annually. I don't think that is too shabby, but I am sure that you are doing much better and I think that that just wonderful. Us long term investors are doing OK also!

By reverting back to just being a greedy long term techstock holder, I hope to be able to do better in the future,
humble carl

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