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


To: ANANT who wrote (44006)1/5/1998 6:22:00 PM
From: David S.  Respond to of 186894
 
ANANT, I think there are a lot of us out there in somewhat similar positions -
holding Intel for the long term and being disappointed by this past year's return
while happy with their multiyear performance. I have been holding Intel
warrants for about 3 and 1/2 years and have seen paper gains of 28x my original
investment when Intel peaked at $102, but now have only about 16x my original $$
in Intel although I have done very well in Iomega, etc. by margining the Intel gains.
Fortunately, I have not come close to a margin call thus far. Long term margin
is quite expensive and so dangerous at it always hits the worse at market bottoms,
multiplying the risk.
The long term performance of this company will redeem our disappointment
in the relatively near term and I wouldn't be surprised if Humble Carl gets
stuck for a lot of meal tickets. I for one expect the negative psych has finally
been wrung out of this stock and it will soon rebound to set a new high.
Like Paul, I think the short term action can only be guessed at, but, I think
we will be happy little ducks in 3 to 6 months.
...What is really disappointing to me is the hold a few nimcompoops keep getting
on the attention of this thread. It takes so much time to wade through them, that
the value of following it is diluted. I almost wish there was some institutionalized
mechanism for voting some parties off a thread. This is not a public street where
they have constitutional rights and if we could suspend someone's priviledges with
x number of votes, it could be a real improvement. All of the investment threads
seem to have this problem with a few soap box idiots that can't be shut up.
...Anyways, Intel's run is beginning again. Stick around for the next few months.
I don't have any numbers to justify this. But I digest every bit of real info on various
threads and the market as well and you can just feel it when its about to run again.

Regards, David S. (the Ist)
Long on Intel and Iomega