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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (85330)	7/12/1999 2:53:00 PM
From: Elmer	Read Replies (2) \| Respond to of 186894

Re: "By the way - The VP/General Manager of AMD's Dresden Fab 30 has left AMD for a "better opportunity". This is a SPECIAL DELIVERY MESSAGE FROM AMD TO YOU. Do you know what it means?" Something about rats and sinking ships maybe? Can you post a link please? EP

To: Paul Engel who wrote (85330)	7/12/1999 3:34:00 PM
From: Charles R	Read Replies (1) \| Respond to of 186894

<You are already $16 underwater, considering your sale of Intel AND the SHORT !> Your perverse logic evades me but I will explain it ONE last time. About 80% of the Intel sales (sold at 60) went to CY at $12. Now CY is at $18+. The remaining 20% I used to buy AMD, I am already out at breakeven and last week I moved it to ALSC @ $11. So, I am up close to 40% in 2 months. Compare that to the 10% or so appreciation I would have had by keeping it in Intel! <NEVER ACCEPT a LOSS - always fight to avoid it or move from a losing situation ASAP into a winning situation.> Well, I got some news for you - you make a pretty poor investment doctor. You seem to be under a delusion that you are an investment god and everyone has to follow the same rules that you follow. Cut that attitude - it will do some good for you. The way I see it, everyone has to run their investments the way they are most comfortable with. In my book, taking a loss and putting it in better investments beats getting sub standard returns over extended periods of time. I think INTC is poised to return minimal gains or losses for at least the next 12-18 months - that is a sell in my book and I am out. Once I get a little bit more comfortable with Wilamette, I will hop back in but that decision is probably a year away. I could be wrong and, if I were to take a hack, about 20% of my investment moves are wrong. But, I don't mind taking losses when I am wrong and the remaining 80% time I am right is good enough for me - good enough to have retired in my mid-30s. If you really want to have an intelligent dialogue, cut the crap about Intel going up a zillion times in the last x years and AMD treading water the last y years and make a case why you think Intel is a good investment for the next 12-18 months. I am all ears. I am all ears to anyone who can make that case! I would love to have a good long-term investment as the next guy. Chuck