Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Harry Landsiedel who wrote (87259)	8/26/1999 3:30:00 PM
From: Barry Grossman	Respond to of 186894

Harry, "Is there another company that is selling for less compared to their growth rate that will have as big an impact on the future of the information age?" My sentiments exactly. Barry

To: Harry Landsiedel who wrote (87259)	8/27/1999 6:51:00 AM
From: Jacques Newey	Read Replies (4) \| Respond to of 186894

Harry and Amy: Re:" KO represents over 40% of Berkshire-Hathaway's porfolio.)" Great post Harry and very wise advice! As a follow up, have either of you read Robert Hagstrom's new book "The Warren Buffet Portfolio"? It sure helped my wife and I rationalize our stock portfolio which is also VERY heavily weighted with Intel. Amy, I would highly recommend the book if you are trying to decide whether to "lighten up" following the recent INTC price run. Hagstrom's book proposes a "focused" approach to investing as opposed to over-diversification. The term "focused" more or less meaning investing in a few superior companies versus a bunch of mediocre ones. There is some great statistical data presented in the book which is used to demonstrate that "focused" portfolios have had much better long term performance versus more "diversified" ones. It works for Warren! Hagstrom also proposes (with the help of Buffet and pal Charlie Munger) that a properly constructed "focus" portfolio will actually have LOWER risk than a portfolio having a greater number of holdings. Who'd a thunk it!!! Enough rambling, the book helped us. It may help you and any Intel investor trying to INTELlectually justify an over weighting in INTC. Best Investing, "..we focus on a few outstanding companies, we're focus investors" - Warren Buffet

To: Harry Landsiedel who wrote (87259)	8/30/1999 4:10:00 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Hi Harry, Re: "First, I have never lost a moments sleep over Intel, and I've owned it since 1992. Through Pentium flaps, AMD, the PowerPC from Apple, IBM, & Motorola, and Tom Kurlak. Never a moments concern." - So very true. Re: "But if you get nervous if the price drops from 50 to 25" - Buying opportunities. Re: "Second, I have never found a better investment than Intel, so I have never sold any large quantity." - My style is to hold onto a large core holding of Intel, never sell it. - But I do take advantage of the cyclical dips, and I buy some INTC into them ~ usually about 1 to 3 purchases. But this last dip I bought about 5 or 6 times into the dip, which is way above what I usually do. Re: "Sometimes Intel starts to look "expensive". analysts ...When Intel hits a bump, they run for the exits and trash the earnings estimates. By the time they realize their error, the price has run up, and they can say, "Gee we were wrong, but don't chase the stock at these prices." - I agree. Re: "That said, you may want to take advantage of periodic fire sales on Intel shares. Then you can add to your core portfolio a "trading" block. I purchased a few shares a couple of months ago at 52 and just sold them." - This is exactly what I do with a bit of it, that's not core. Re: "Hope this helps." - It does. It's helpful to read both your post and Paul's post on this and hear what investment strategies are being implemented - I find it either educational or confirming. Amy J