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

To: ANANT who wrote (15610)	1/4/1998 11:10:00 PM
From: ANANT	Read Replies (1) \| Respond to of 27012

all: Another Interesting post on Motley Fool Intel Board This is another view point. Some of us may share with the views. Subject: Re: soritis-nandrake Date: Sat, Jan 3, 1998 19:07 EST From: NanDrake Message-id: <19980104000800.TAA28276@ladder01.news.aol.com> Alynch asked where I was....probably to Hell since Sept. At that time I had a tremendous profit with INTCW .Since then I have seen that profit erode tremendously...fortunately I still have some left.INTC was up only 9% for the year...It is down close to 40% in the last quarter.If you are on margin you can more than double that....big time hurt....What did I learn?..Avoid greed...take money off the table when you feel good and reached your target price......Avoid pride.....if you sell a stock dont feel you cant buy it back, dont let pride in your initial decision prevent you...Avoid falling in love with your stock....sell it and retain your profit rather than hold and continue to get hurt as it goes down..and dont buy in the first hour of trade or on a Monday....INTC when it is up on a Monday usually closes the week lower than the Monday's close....That said..........I think last week was the first week in several months INTC closed higher than the previous week....Personally the stock seemed manipulated last week .On Wed. the price was kept down all day and in the last hour of trade lost $1 in just a few minutes of trade....strange....Then on Friday nothing could keep it down....low volume and heavy momentum to the upside....buyers? When one considers INTC is a blue chip stock which has not had a good year a case could be made that there may be a bigger opportunity to the upside than other techs...another case may be made for the LARGE number of puts of 65,70,and 75 for Jan ....Last time I looked there were 120,000 contracts open...thats a lot of shares when one considers each contract represent 100 shares.INTC is noted for making money selling its puts....wonder where it will close on expiration day? Earnings projections have been taken down somewhat...when INTC reports on Jan 18 or 19 we may see a surprise to the upside....I hope.A lot will depend on what is stated about Asia and the future...FYI...I still hold a gret deal of INTCW but another thing I learned was diversify...which I did with EMC,PSFT an soon MRK,CA ,and more MSFT ...maybe WLA and CPQ again.Sorry for the length of this post......dont post too often as I dont feel there is much to post about related to INTC...Read most though ...not sure of the time frame Cats places on his prediction of a lower INTC...perhaps if they have a negative report the end of this month but what if they dont?......Personally I was encouraged by Fridays price action ...also yield on 30 year tres.5.8% wow! also funds will see RECORD inflow in Money for January....this has started Friday .Add to this the money hoarded by institutions last month such as Fidelity and we should start seeing buying at least until earnings dictate market direction......OVERALL.....liquidity,earnings,and interest rates will dictate this market and contrary to popualar belief I feel it will be a good year ...we may even find ASIA an overblown and very temporary hurdle....balanced out with a much stronger European and China market..........Happy New Year .... rgds ANANT