SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary105 who wrote (57081)6/4/1998 9:32:00 AM
From: Jacob Snyder  Read Replies (2) of 186894
 
Considering doubling up this morning.
Nibbled a bit last week at 74.
Amid all the noise and confusion, here are some facts:
1. The semi industry will grow faster than most other industries long-term.
2. INTC is the world's best large semi company with a track record.
3. The industry is severely out of favor (see the SOX index chart). That means the risk is low, the whole group is oversold.
4. Looking at the 10-year chart, if you bought INTC any time it had gone sideways or down for a year or more, and held for at least a couple of years, you'd be very happy with the results. Every time.
5. What else are you going to buy? What other industry leader with a pristine balance sheet, and EPS growth of >20%, can you get for this PE? My alternative to buying more INTC is cash while I wait for the semi-equips to finish cratering.
6. When the analyst herd has trampled over a stock, when Mr. Market is anxious and sad, that's exactly the time to load up on a quality stock.

BTW, this thread would be more useful if everyone would quit with the name-calling and paranoia.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext