Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

Feb 10 3:59 PM EST

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To: margaret tasset who wrote (9296)	1/25/1997 2:27:00 PM
From: exhon2004	of 186894

margaret: re <Do you think that I should sell and buy back later or just hold for the long term.> Whatever you do should be in line with your investment style. If you are a long term holder I would recommend sitting tight. Every time I tried to time the market, I ended up missing out. Besides there is another way to profit from downturns while long on a stock. Consider buying more at a perceived low point. I bought intc at 59.5, it promptly dropped and I went on margin for an equal amount at 56. This put my margin % at around 35%. It continued down to around 50, but I was so confident the market was wrong, I bought a little more at 50.5. I sold enough on the way back up to eliminate my margin position and had a nice profit at my original price of 59.5. WARNING You need to leave a cushion in your margin % in case the price continues to drop, or have some cash in reserve. If intc drops to around 140 I will consider buying some more on margin. However, I am willing to wait a long time if the stock continues to drop. Best Regards, Greg Gimelli

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