tech2000, I hold both issues as well, but I believe Microsoft will outperform Intel. The semiconductor segment has proven itself to be cyclical in nature, so while they may run with abandon at times like this, they pay back big chunks their returns during the down cycles. As well, the s/c game is very capital intensive, with new fabs in the 1B range. Microsoft sells ideas on a inexpensive CDs for a very good price, and will (does) generate higher margins with less capital requirements than any semiconductor maker could hope for.
While past performance is no guarantee, it is a damn good indicator. Run comparison graphs for msft and intc for 20, 30, 40, 50, 60, 70, 80, 90, or 100 months and you'll find out that msft has yielded the superior return in each case.
I don't plan of selling either msft or intc the near future, unless government interference screws up the parade.
Frank
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