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

To: Joe NYC who wrote (127784)	2/18/2001 4:44:45 PM
From: f.simons	Respond to of 186894

Joe, You had asked me why I continued to own Intel. I said: 20 years of consistent profits. Stock doubling every 18-24 months. Consistently. You replied: If it continues, Intel's market cap will surpass US GDP in 8 years. In about 20 years, Intel's market cap will become about 98% of world's growth. How do you think Intel will continue to consistently deliver this performance for it's shareholder? Growing P/E? Growning earnings? I replied: The question was not whether Intel would double every 18-24 months, but rather what my "metric" was. Now, if you think that my characterization of "How do you think Intel will continue to consistently deliver this performance for it's shareholders?" (emphasis added) as your saying that I was predicting perpetual doubling was somehow inaccurate, so be it. Seems pretty clear to me, at least, that that is what you were saying I was predicting. Frank