SI
SI
discoversearch

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: Paul Fiondella who wrote (38625)11/1/1997 10:08:00 PM
From: Dave Budde  Read Replies (1) | Respond to of 186894
 
Paul, re: " Holding a stock with a 100% rate of return makes no sense."

I just can't resist responding to this.

If I followed your advice, I would have sold my Intel stock back when it was $1 per share and would have missed the remaining 75x runup out of a total 150x runup over the last 20 years. Methinks this would have been a big mistake.

I'll repeat what I've said before on this thread: Intel is a stock to own and never sell. Never, ever, ever. Over the long run, this stock has consistently returned more to shareholders than any other stock.



To: Paul Fiondella who wrote (38625)11/3/1997 1:39:00 AM
From: Joe NYC  Respond to of 186894
 
Paul,

You sell it then buy it back when it returns to a non speculative valuation. I certainly think Intel is a good stock to own but not at these prices.

At this point, I would consider buying Intel at $60. I almost bought it about 6 months ago, when it was approaching $60 pre-split, but it didn't get to my magic number.

Hmm, maybe I sould sell puts with strike price of 60. I will look into it.

Joe


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News