Intel amazes me.
I never paid any attention to this stock for years and years and years. I always liked the small stocks and didn't care for the big ones.
However, I must say Intel is by far the best investment in a large cap stock you can make. Soon it will be churning profits twice as big as any company in the world. Everyone fears Microsoft will take over the world, but a more realistic thought is the same of Intel.
I bought some Intel for the first time today. Many of you out there think I am buying at the very very top of the biggest Intel run ever, and that is probably true is the second respect, but I don't think Intel will have a "top" in its graph until sometime early next century. The gameplan is being executed to perfection right now.
400 MHz? I wouldn't be surprised if Intel still leads this market when 400 GHz is standard. I'm going to be there for the rest of the show, I wouldn't be surprised if we're only at the end of the first quarter now. This one isn't going to stop running for a long time.
I have margined myself on bad small cap investments since the middle of October. I started with $12,418 and now that nest egg is roughly $4,000 in less than 4 months. This sucks, and I almost gambled away the rest of it on ANCR.
But I'm not going to. This is where the rebuilding process begins and I am putting most of my money in Intel. It has virtually all of the upside potential of the small caps but half the downside potential.
I considered Microsoft for a split-second, but I don't think it is half as secure an investment as Intel is. It faces much stiffer competition and trades at twice the p/e as Intel does. Where is the logic?
I am taking this little downward movement in Intel's stock price to load up. I have missed out on a decade of explosive growth, but I think it can grow almost as fast for the next decade. Anyone who disagrees will see the truth soon enough.
Analyst downgrades don't phase me, and they shouldn't phase you. Intel is the market leader heading into the next century. I welcome competition from Cyrix and others. That will stop everyone from calling Intel a Microsoftesque monopoly, don't you see the beauty?
I welcome you all on this thread as friends. No, make that brothers. My road to recovery starts now, thank you.
~Ben :-) |
