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Technology Stocks : FBN Associates: A Perfect Company
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To: CatLady who wrote (1984)8/15/1998 1:43:00 AM
From: EL KABONG!!!  Read Replies (2) of 2117
 
CatLady,

So you'd hold out for that hypothetical nickle?

That reminds me of a true story from earlier this year. I was reporting on Intel to my NAIC investment club. I was quoting some statistics from The Gartner Group (???), one of which stated that Intel had 95% of the motherboards sold in the prior month. I was trying to show that our long term investment in INTC was still relatively safe, and right on track for a two-bagger in the five year time frame we had estimated. One of our members interrupted me at that point and said "Hey! We've got 95% at this point, and even if we get the remaining 5%, that's not enough to double in five years! Let's sell.". Really, a true story.

KJC
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