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

To: Aljorma who wrote (93241)12/1/1999 11:41:00 AM
From: Gerald Walls  Respond to of 186894
 
Just got into INTC long term. ... It won't take much slipping from this price to get me out.

If by "long term" you mean years instead of weeks then five years from now you'll be quite happy with your recent purchase. Five days, five weeks, or five months from now, who knows?



To: Aljorma who wrote (93241)12/1/1999 11:55:00 AM
From: Tony Viola  Respond to of 186894
 
Al, can we call you Al?

Just got into INTC long term..... It won't take much slipping from this price to get me
out.

Aren't those two statements a bit contradictory, i.e., if you want long term, what's a couple or a few points temp. down? I do understand stop losses, but, to me, they're like going to Las Vegas and deciding to stop yourself out once you get 5% down, or something. You always get down at some point while gambling. Intel, especially, can move all over the lot. It has been a long term market outperformer, with very low risk, long term, again. Also, next year's new product roadmap is very exciting to me, and if pulled off, will enable them to increase market share from the cheapest PCs to the highest priced servers, and everything else in between. OTOH, I'm pretty much known to be quite pro-Intel. OTOH again, I do know my 'puter stuff, and Intel has all computer segments targeted now with best of breed chips. They're plunging further into other markets now too, like communications/Internet chips and server farms.

Tony



To: Aljorma who wrote (93241)12/2/1999 1:09:00 AM
From: nihil  Read Replies (1) | Respond to of 186894
 
If you bought the stock as a longterm hold the longterm hasn't happened yet. If you bought it at a local top to trade you need to read some books on timing. It is said that one should buy low and sell high. You've got it backwards. You wanted to buy high and sell higher. Very hard to do. Be patient or sell some December 80 calls.


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