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

To: Robert Douglas who wrote (87343)	8/28/1999 12:25:00 PM
From: Felix Appolonia	Respond to of 186894

John, you wrote: INTC's doing great....but it's reached my target of $170 (pr split) and i suggest exiting for now....ADIC made some NICE gaines...again...that one has room to roar...there is a secondary coming up...might slow things down...but a secondary didn't slow my other favorite HLIT....both have been great winners.... You do no one a favor with recommendations like this. Are you suggesting that those of us, who have held Intel's shares for years, with cost basis in the low single-digits, exit "for now" and pay a minimum of 20% of our proceeds in taxes? Why would we do such a thing? This is horrible advice, especially given in the blanket form that you give it. And what possible relevance to an investment in Intel are your "great winners" in ADIC and HLIT? Are you trying to impress us with your stock-picking prowess? Most of us couldn't care less about your $170 price target, especially since you were quite vocal in your earlier put buying at lower prices. What are you trying to prove? We all don't have the same time horizons, tax situations or financial goals. Maybe some on this board should sell some of their shares. I just don't get why you feel the need to be their advisor in this endeavor. ******************************************************* Robert: I have followed Intel for many years and I totally agree with you. The smart investors buy and hold Intel and belive in the company, and understand the "big picture". Anyone can make short term buy and sell recommendations. Long term investors which accumulate and hold make much more money with Intel than short term traders. All of those with negative comments about Intel will continue to learn the hard way, including the analysts who don't have a clue. Intel will only continue to make more money, increase market share, and lead the market with new products.