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

To: tcmay who wrote (135988)	5/23/2001 4:57:57 PM
From: brushwud	Respond to of 186894

I didn't sell Intel at $75. Mistakes, or failures to correctly see the future? Probably a mistake which falls into the greed category. But not to worry: at Craig Barrett's expected long-term CAGR of 16-17%, INTC will get back to $75 in about six years.

To: tcmay who wrote (135988)	5/23/2001 5:06:27 PM
From: GVTucker	Read Replies (1) \| Respond to of 186894

tcmay, RE: Only retrospectively. How many people 2-3 years ago were predicting Amazon's price collapse? Sure, some were. Many weren't. It's always easier to retrospectively realize which investments were turkeys and which were winners. First of all, it is very important to note that Grove did NOT get caught up in the mania of 2 years ago. He bought AMZN and WBVN after their price declined significantly. And yes, I do look a little negatively at those who did indeed get caught up in the bubble mentality. If you thought for yourself and refused to let your perspective get clouded by delusions of Internet riches, it was patently obvious that things would end the way they did. Grove, to his credit, was not part of that group. Oh, and I don't see a reluctance to sell Intel at $75 as a big part of the bubble mentality, either, although paying 50x earnings for Intel is certainly a bit much. Don't ask me what I think about AKAM, though, OK?

To: tcmay who wrote (135988)	5/23/2001 8:44:23 PM
From: Dave Budde	Read Replies (2) \| Respond to of 186894

With regard to AMZN stock price. I attended the shareholders meeting for Amazon this morning in Seattle. Mr. Bezos discussed the stock price. If one looks at the return since the company went public, the price is 10X the initial offering price (today's close of 15.60 vs. IPO price of 1.50). This represents very good return for those who got in early. The problem is that the stock saw $150 on the way from 1.50 to 15. I, for one, am astounded that the value of AMZN is still as high as it is given the company has never made a nickel. On the other hand, the financial model of the company is quite compelling when you consider the achieved and sustainable inventory turns (20+). Turns in the 6-8 range is very good for brick and mortar retailers.