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: Ibexx who wrote (9332)	1/26/1997 11:37:00 AM
From: Frank Ellis Morris	of 186894

Ibexx Congradulations on your success with Intel and your long term commitment. I can only imagine that you must be reasonably affluent enjoying the apprecation of Intel's share price. I agree with you. It makes no sense giving stockbrokers all those commissions. You pay 2% to get in and another 2% to get out. I firmly believe that we are in a New Era of technology and despite a setback in technology stock prices at the end of last week, investors should be in technology not just for the rest of 1997, but for the rest of this century and well into the next. We are seeing the computer's impact on the world's economic seen. A century ago we saw a revolution in transportation marking the growth of the railroads and automobiles. Today we are on the ground floor of a new era which is the infrastructure of the information age. Shares in technology are performing well because companies are making products that earn real profits and the market loves earnings growth. There is a tremendous room for overseas growth and exports now account for 12% of America's gross domestic product,up from 7% ten years ago. Capital goods account for more than 42% of total merchandise exports, with technology goods being the fastest-growing of those exports. As comnpanies in developing countries modernize they will turn to the leadership that is enjoyed by technology producers here in the United States. I like the solid and firm muscle that is provided by INTEL and MICROSOFT and these two dominate the future of where technology is headed. I also like CISCO and DELL. As the baby boomers age we will see a tremendous growth in health care stocks such as Merck, JOHNSON-JOHNSON, and PFIZER. I also like COCA-COLA and GILLETTE. I believe if you put $10,000.00 into each of the stocks I have mentioned above, that in ten years your portfolio will be worth $1,000,000.00(one-million) or better. Buy and hold, forget about the flucuations and day to day movements in the market. The true formula for wealth on the street of dreams is Commitment+time+patience=wealth GO GREENBAY PACKERS ))))))))))((((((((((!!!!!!!!!!! Good investing and lots of wealth good health and success to you. Frank Morris

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