Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Maurice H. Norcott who wrote (8647)	1/23/1997 12:09:00 AM
From: Ron Mayer	of 186894

>The documentary clearly stated that "everyone" in the 20's was >playing the market, shoeshine boys, mailroom clerks, etc. I think >you can clearly draw some strong comparisons to the speculation >vs. investment sentiments we see now and in the 1920's. Since the average mutual fund underperforms broad market indicies; it seems to me that many "shoeshine boys", "mailroom clerks", and your average trained monkey make _better_ investment decisions than most professionals. > [...] "I'm going to retire on this stock". [...] >I've seen plenty of that on this thread and it concerns me deeply. Why scary? Actually that sentiment seems to contradict the documentary's concern. Retirement plans seem more in line with long term investment than speculation. I'd like to hold INTC til I retire ( and that'll be soon if it keeps doubling every year :-) ;-) :-) ).

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