Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Douglas who wrote (166709)	6/20/2002 3:12:32 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 186894

RE:"No, Warren Buffett never bought Intel or Microsoft when they were overvalued. But he never bought them when they were undervalued either. He doesn't buy tech stocks because, as he says, he doesn't understand them. That doesn't mean he thinks they are a speculation." Buffett claimed he didn't buy tech because he didn't understand it. OTOH, I believe after meeting and conversing with Bill Gates, he did finally buy some Microsoft stock. Exactly when and how much, I don't know. Jim

To: Robert Douglas who wrote (166709)	6/21/2002 5:05:39 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

Hi Robert, RE: "No, Warren Buffett never bought Intel or Microsoft when they were overvalued. But he never bought them when they were undervalued either. He doesn't buy tech stocks because, as he says, he doesn't understand them. " ------------------ Which is one reason why he doesn't understand the importance of stock options for motivating employees. A person has to work in the high-tech environment to fully understand the importance of it. Regards, Amy J