Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.67

-0.2%

Jan 29 3:59 PM EST

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To: Jon Klaus who wrote (12547)	2/26/1997 5:19:00 PM
From: Jean M. Davies Schmith	of 186894

In answer to your question, WHY NOT BUY AND HOLD ONLY INTEL--THE GREATEST COMPANY IN THE WORLD? Can you live with the downside? Really live with the downside? Then do it. I owned a real estate investment firm for years; I bought apartment complexes like a bandit. I bought on great leverage--generally 5% down, because I KNEW the apartment market in the Dakotas was ripe for a surge in rents. After all, the whole apartment world was appreciating in value--late seventies, early eighties--and Minneapolis was going crazy raising rents and raking in money. I didn't weigh the downside, because I didn't believe there was one. I had been in real estate for years, and had never seen one. Lesson: ALWAYS EVALUATE THE DOWNSIDE. Anything less is naive wishful thinking--not investing. Hopefully it will never come. But do not make any investment decisions until you KNOW you can live--financially--with the worst, as well as the best. Odds are, Intel will be a fantastic holding. But I wouldn't bet the entire farm on it--maybe 25% of the farm--but not all of it. Oh, did I forget to mention? Rental inflation never really hit my area. But high interest rates did. Guess what I ended up losing-- everything. But I learned how to evaluate risk vs. reward. And now I sleep at night--even in a market influenced by Greenspan. I have no money, but I'm rich with experience. AND I'D RATHER HAVE THE MONEY!!! IMHE--which is worth far more than MHO-- JMDS

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