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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Dan3 who wrote (43959)	6/10/2000 10:22:00 PM
From: multicollinearity	Read Replies (2) \| Respond to of 93625

Dan: I went through the last 300 posts on the Intel board. Yes, there is a lot of criticism directed towards Rambus, but it appears to be mostly vented frustration due to the fact that the transition to Rambus technology has encountered a few speed bumps. Should this really be unexpected? Additionally, some of the criticism looks like the usual complaining that employees often direct at upper management in most organizations when a major change is introduced. I did not find anything that alters my bullishness towards Rambus or Intel. It's easy to lose sight of the fact that the implementation of Rambus technology is a revolutionary change primarily geared towards high performance systems that will be forthcoming. Of course there are some concerns about its viability as there are with any new technology, but given a choice between putting my faith in Intel's management or some disgruntled Intel employees and investors, I prefer to go with the former group. Concerning the issue of Intel's stock performance for the next few months, I can only tell you my investment philosophy towards the stock. I first invested in Intel a little over 5 years ago with a purchase of 300 shares at an adjusted-for-splits basis of $7.25. Since then I have made on a regular basis contributions each month of a few hundred dollars to Intel's dividend reinvestment plan, and thus I have utilized dollar cost averaging for several of my Intel shares. While I have often sold and repurchased blocks of 200-300 shares when I felt the circumstances were right, I try to always maintain a core holding of at least 1,000 shares. I feel comfortable with this investment strategy because 1) I consider Intel the cornerstone of my portfolio, 2) I believe strongly in the long-term prospects for the company, and 3) the importance of short-term fluctuations in the stock price are of lesser significance. I do not apply this strategy to other stocks in my portfolio. Best regards, Multico P.S. You might find it of interest to take a look at Fred Hager's investment site, www.fredhager.com