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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%3:59 PM EST
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To: Gary Withers who wrote (62050)8/7/1998 3:34:00 PM
From: carl a. mehr  Read Replies (1) of 186894
 
Gary,
It has been an exiting monopoly game. I still have 15% more chips after margin expenses than I finished out 1996 with. My monopoly playing allowed me to finish 1996 with a gain of 151%.

The point to observe here, is that the huge gain in 1996 would not have been made without a concentrated position in Intel.

In 1997 during the Oct, Nov and Dec decline, my portfolio declined to slightly less than 1/3 of the lofty highs that I had experienced during the year. (I gained a lot of smarts and only lost a little bit of paper profits).

Not to worry, I took it out on my wife. At a time like that a lot could be said in favor of polygamy <vbg>,
humble carl
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