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

To: looserloser who wrote (169054)	8/5/2002 12:26:01 PM
From: greg s	Respond to of 186894

re: Pajaro Dunes No, that wasn't it. I have been to Pajaro Dunes (long time ago), this was a different place. Drat, sorry I can't remember! Greg.

To: looserloser who wrote (169054)	8/5/2002 1:20:37 PM
From: tcmay	Respond to of 186894

Some folks like Pajaro Dunes (or Monterey Dunes, roughly the same). Me, I find them jammed together too closely. I live in Corralitos, and can see Pajaro Dunes from my house. Let me go to the window and check....ah, fog down below. (Clear at my house, but I'm at 620 feet.) Being right on the sand is sometimes nice, especially for vacations. But after a while, walking on the beach loses some of its novelty. And the corrosion from sea air, the fact that _other_ people are walking on the sand outside your window, the risk of break-ins from bums wandering on the beach at night...no thanks! Oh, and the prices. I remember when a few of us (one of them was Paul Engel, if I recall correctly) looked at a Pajaro Dunes condo in around 1978-82...I can't remember which trip it was. But I do remember clearly that $128K was the asking price. We were just on a road trip down to Monterey and stopped in to see the open house. Pajaro Dunes was also a standing joke amongst many of us at Intel in those days: the managers would go off to Pajaro Dunes for a few days to learn whatever management methods were in vogue. That same condo, jammed in with other condos, probably now sells for $1.1-1.5 million. I'd much rather live on my hilltop with a view of mountains, the Monterey Bay in the distance, Pacific Grove, etc., and have privacy and security. (Tourists and vagrants don't tend to wander down into box canyon valleys and up private roads!) By the way, back in 1976-77 some friends of mine (from Intel) were renting a huge house in Saratoga. The great room alone had 30-foot ceilings, could hold 50 people comfortably, and had numerous rooms and such. That house was on the market then, also for $130K. I'm guessing that similar houses in Saratoga now sell for $1.5-2 million. Of course, Intel stock has gone up a lot more than that in the past 25 years. --Tim May