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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (13710)	11/30/1997 10:34:00 AM
From: Stonehenge	Read Replies (1) \| Respond to of 27012

Hi Tom and welcome to the thread. I have one of those "small professor's salaries" too but have amassed a few hundred thou in assets as a result of a buy and hold mentality that Frank stresses. I have an original buy price on intc of about 15 and it has split twice since my first purchase. If you get in now it might be flat for a while but in the next surge it could move 30-40% in a flash. We have all experienced this and as a result have absolute faith in the stock. Of course we could all be wrong and the market may punish us, but it is better to get into intc, cpq etc. now than at the prices we enjoyed a few months ago. BTW if you are up between 15 and 42% you have had an extraordinary year. Good luck.

To: Dr. Stoxx who wrote (13710)	11/30/1997 10:48:00 AM
From: Captain Jack	Respond to of 27012

Tom,, I practice what you preach. I keep a core of techs at all times but trade additional shares of them, mostly on margin. It is easier to trade by a phone call by keeping a core or cash holding instead of cash transfers. Look at the times you may only hold for moments. If IBM is something you like-- get to FEEL it. I trade INTC, CPQ, TPRO, and few others that I know well. Also those that I feel if they drop fast time will heal the wound. These holdings plus trades have put me up 43% to 68% this year--- naturally at the low end now. John

To: Dr. Stoxx who wrote (13710)	11/30/1997 2:33:00 PM
From: margaret tasset	Read Replies (1) \| Respond to of 27012

Hello TC, Maybe that will work for you and maybe it works for some stocks. But I have tried both ways with Intel and found the buy and hold to work better. Have you been to the Wade Cook seminars? That is what they talk about, trading in a range and I guess with stocks that stay in a range, maybe it works. Intel sometimes moves very fast, which makes it hard to time. The " Intel Strategy" is the buy and hold strategy which many of us here seem to like. Have a good one. Go INTEL Margaret Long on INTEL :) :) :)