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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%3:59 PM EST

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To: carl a. mehr who wrote (62047)8/7/1998 1:49:00 PM
From: Gary Withers  Read Replies (2) of 186894
 
Re: diversification vs. INTC
Of course diversification tends to level out your returns and lower risk, but the biggest returns (and possibly losses) accrue to those who take the big risks, such as large margined positions in one or two stocks. Diversification in and of itself has no intrinsic value and cannot be exchanged for food. It sounds a little like sour grapes when someone criticizes another's great returns with, "Well, you may have made a fortune, but you aren't diversified," as if that somehow makes your dollar of profit worth less than 100 cents.
GW
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