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

To: greenspirit who wrote (42842)	12/19/1997 9:18:00 AM
From: Thomas J Pittman	Respond to of 186894

All, One of the things that strikes me as a bit odd is the number of 'how low can intel go' type messages. I suppose this is a valid message, but, to me, it is funny since that is exactly the same question that we are all faced with each time we access this thread. Raymond Thomas was asking the same thing 42,000 messages and 2 years ago! Maybe a lot has changed and maybe it hasn't but I have to admit that i dont spend very much time wondering how low intel will go. I ususally spend my time wondering how high it will go. Of course my horizon is not next month or even next year, but I really think that people like me can afford to look past the 'catastrophies' of 1) a bug in the pentium 2) missing earnings estimates by 0.03 3) problems in southeast asia and Japan 4) Andy 'selling' all of his shares or whatever. I like what I read on here what must have been more than a year ago: Invest in companies that would leave a huge void were they to disappear. Intel is a perfect example of a dominant company in a key and growing industry. I truly believe that if we buy at a PEs of 15 or below, youre gonna have a pretty good ride and you can focus on how high it can go instead of how low. Besides, it is less stressful. J