Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.51

-0.8%

3:59 PM EST

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To: Shawn M. Downey who wrote (8656)	1/17/1997 12:23:00 PM
From: Maurice H. Norcott	of 186894

Shawn, Started investing when I was 18 and I'm 36 now. I think my best gains were realized when I was buying during recessions, it's a lot harder now to pick stocks in this decent economy. When I saw the semi's get hammered last year I liquidated some consumer stocks and bought like mad. Didn't get a chance to buy as much as I would have liked though. I find that after 18 years of investing I'm making far fewer mistakes and only rarely now do I have to admit I made a bad pick and take a loss. My reason for thinking we will continue to climb the dow (with some dips for recessions) is that most of us have to save for retirement. I have large amounts in an IRA and a 401K and add to them constantly. I'm on low end of the baby boom so I expect as the majority of the population finally reachs retirement age they will begin to draw down their retirement accounts and/or switch to more conservative investments like bonds. I'm not convinced that the generation Xers are large enough in population to keep the market going higher after most of us are hopefully sitting on the beach ! Regards, Maurice

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