Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

+2.3%

Nov 19 3:59 PM EST

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To: JDN who wrote (70052)	12/21/1998 4:41:00 PM
From: carl a. mehr	Read Replies (3) of 186894

JDN It's hard to be humble when the 'King' of my NAIC investment club keeps recommending stocks of Oil Service Companies and paper clip companies such as Office Max. Yes, the club is barely in positive territory this year. Some people thinks that a low PE ratio is good and they seem to get it all wrong. The club bought Intel last year at $99.97. When is subsequently was around 70, they all laughed at my recommendation that they had acted upon. I suggested that we follow Warren Buffet's lead and sell Intel unless we were prepared to buy more, as this quality stock was at a super low buying point. The club did neither. So now you know why I have such a hard time being humble, but I try. humble carl PS: I can't find my abbreviation sheet. I am looking for ROFLMAO.

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