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

To: Jeff Mills who wrote (41734)	12/8/1997 10:36:00 AM
From: Tom Kearney	Read Replies (1) \| Respond to of 186894

Jeff, you know there's a lot of posturing and silliness in some of the posts on SI, and I have even been repsonsible for a little of it. But, with all the opportunities, and ways of making money in the stock market, I absolutely CANNOT understand how anyone thinks their best opportunity to make alot of money is shorting INTC! It is the leading high tech company, and we are just at the dawn of the high tech era. It has a PE < the S&P 500 pe. It has a long term growth ratio of 20% - 30%, and more prospects for more new businesses than most can imagine. It is awash in cash, and building it's porfolio, using lots of inside info and get getting special deals, to boot. It has just enough compitition ot keep DOJ away, but not enough to hurt it. It has profit margins of 60+%. Good luck to Fleckenstein. INTC is my biggest holding, and it would be a lot bigger if there weren't so many other great opportunities out there (PSFT, CSCO). Intel is not a religion, but betting against it is pissing in the wind big time.