Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 43.75

+0.6%

3:59 PM EST

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To: margaret tasset who wrote (20518)	8/9/1998 7:56:00 PM
From: David M Gambs	Read Replies (2) of 27012

Margaret, I get invitations all of the time for free lunches at fancy clubs from brokers, so I don't think that things are as rosy posey for them as it might appear. I don't get the club invites. I get calls with 'hot' tips. When I tell them that I do not make decisions on equities that I have not investigated, they try to talk me into the purchase. Fat chance! If they call at work, I will go out to the 'net and start a search. I'll give them the negative things I see and ask why I should buy this stock that has moved below it's 50 day moving average, doesn't pay a dividend, has a high P/E, etc. It usually shuts them up. You're right, the knowledgeable folks are making it tough for these brokers to make a buck. We hold when they say sell, we buy when they say the world is collapsing and we hold or sell when they say buy. They just don't get it. Regards, dmg (Go INTeL® Go to $200 - [post all splits: past, present & future])

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