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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Yaacov who wrote (18182)3/9/1998 11:43:00 AM
From: Ann Janssen  Read Replies (2) of 27012
 
Hi Yaacov,

I agree Hi Tech Stocks are not the ONLY way to Achieve wealth. It's only one of the many ways. I think we all agree that Intel is one of the most manipulated stocks being traded. Between the analysts and Market Makers it doesn't matter if the company is doing bad or good someone can always sway it to fit their needs (up or down). Like you mentioned there are many ways to make money on Intel too, short term daily, weekly etc and long term. Personally I'm long term.

I also feel, like you, diversity is key to success. One year techs may be hot, another year consumer products and still another retailers. If you try to own a little in each industry it should all work out in the long run. This applies to my core portfolio which I will hold for the next 20-50 years (ok if I live to see 83). In my trading account things are very different. I have no intention of keeping those stocks forever, I need them to make me money so I can add to my long term portfolio.

I was wondering, do you or Sonny have any feel for when Merck may split?? KO is having a great run lately too. That should make Frank Happy too since I know he has some too.

Hope your having a great evening.

Take Care

Ann
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