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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: AK2004 who wrote (18639)3/24/1998 2:44:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Albert. I take the time out and read most of the posts on the main Intel thread and therefore know all the pros and cons.

Yes, you may be right that we have to wait a little longer for Intel to turn around. But they are spreading out and I still believe that we will be well rewarded. I think it will be looking very good in the second half of this year. BTW, why do you think that Intel is investing in all those cos? And I don't believe that the competition will affect Intel too much. Their margin will go down some, they already forecasted that for quite some time, but when it comes to pricing no one will be able to out price Intel and still make a profit. The bleeding will stop unless those other cos. intend to go under. You can only produce for so long at a loss and then you will have to think about the bottom line. I don't believe that those cos. will catch up to Intel. But as long as I believe in the techs for the future, I will stick with Intel. Now, if those other cos. can show me the money, I may change my mind one day. BTW, I guess you know that I have also made some money in AMD but would not touch it at this point. If you call AMD and INTEL risky, I stay with risky Intel.

I am not following Intel blindly. I keep up with all the news, here and abroad.

Should you be interested in my opinion you may want to keep an eye on Intel for an entry point. I am not saying that Intel cannot go down further before it works through everything but like I said earlier, I am rather in than out of Intel at this point. If investors have not bought Intel at its high last year they are still in the money. And about doubts on Intel, I cannot really remember when everyone was bullish on Intel.

I am off to a late lunch. I don't intent to starve for Intel. gg.

Sonny
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