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

To: f.simons who wrote (127776)	2/18/2001 12:31:42 PM
From: Joe NYC	Read Replies (1) \| Respond to of 186894

Frank, You had asked me why I owned Intel, and I replied that during my ownership of it, it had doubled every 18-24 months, and based on that experience, I would continue to own it for a while more. I guess nostalgia is one of the more interesting reasons for holding onto investments, but I am not going to argue with it. My recollection is that the first time you misquoted me and we discussed it I guess it was a follow up to this discussion: Message 14113245 Message 14113364 Message 14115351 siliconinvestor.com (which I couldn't find) where I might have said that you predicted doubling of Intel stock, which you clearly did not. But I still find the theory of holding a stock because of past performance (rather present and future performance) curious. My observation of Intel is something like an 18 wheeler that moves fast on a highway. It is going to continue to move at great speed, even if the engine is turned off for a while, because of the inertia. But it needs an engine to be functional in order to continue to move in the future. Joe