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

To: willcousa who wrote (142394)	8/29/2001 4:39:20 PM
From: Dave B	Read Replies (1) \| Respond to of 186894

wc, The main folks Jerry has to convince right now are his Board and his bankers. He has been in this spot before and succeeded. ... I think the best description for Jerry is to liken him to PT Barnum. <G> I'm sure he'll have a chance to use those skills again soon. In the meantime, if you'd invested in AMD 20 years ago, you would have doubled your money in those years for a 4.29% annual return. Adjusted for inflation, that's roughly an annual gain of 0.8% in real dollars (assuming an average of 3.5% average annual inflation -- just my guess). If you'd invested in INTC 20 years ago, you'd be up about 50X for an annual gain of 21.38%. After inflation, an annual gain of 17.9% per year in real dollars. How many clowns can Jerry pack in one of those cars? <G> Dave