Sonki, I don't want to upset anyone here, and know I won't upset you, so I'm posting to you. I think this is a good moment to sell Intel. I don't think it will be a good stock to hold for at least 6 months.
I've been out for almost 1.5 years, and sold at about the current level. I sold after a 1.2 year triple.
Here's a link to a reluctant long time fan and seller, who is a commentator on MS Investor's site (Jubak):
investor.msn.com
A better bet for Intel fans in the same sector is Rmbs. Which I hold.
Better Intel type investments (mega cap Naz strong growers, with some significant history and niche dominance) are: Wcom, Dell, Csco, Msft. I also have a bunch of more mid cap stuff that is doing great. Because its in the right sectors. Enterprise software and Telecom data and equipment. And there are the drugs, and financials. But most PC chip makers and equipment makers, including the kings, are not the right places to be these days. Haven't been, still aren't. This is a rally that won't last for these guys and a chance to exit. Trying to help old friends is all.
Well, I guess this post will just get me disliked, at least by some. Not trying to upset anyone, and am certainly not trying to talk Intel down or anything. (Which is of course an absurdity, given its float, etc.) I hope and expect Intel will rise again. Just think its really clear that won't be, sustainable, anytime in the next six months or so.
And I'm not really writing to you Sonki. I think you see things not so differently.
Doug |
