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

To: Paul Fiondella who wrote (44662)	1/9/1998 4:46:00 PM
From: Thomas J Pittman	Respond to of 186894

RE: First [of] all there is some confusion here. On a macro scale, I agree 100%. 5 years from now, I am going to be laughing. I have co-workers who are freaking out right now. Confusion? You are damn right. I feel sorry for some of them. They dont know why they buy, they dont know why they sell. There's too many people like that these days. Regards, J

To: Paul Fiondella who wrote (44662)	1/9/1998 4:53:00 PM
From: Sonny McWilliams	Respond to of 186894

Paul, I don't know who is confused here. I know you did not mean me in particular, hm. Anyhow, I can see that you may be a longterm investor if you own shares in a company and occasionally sell some when the stock reaches a perceived high to take some money off the table. I have done that. But you CANNOT be a longterm investor if you buy and sell all your stock in a company at a whim or let's say when things are possibly not looking quite as rosy. This is DEFINITELY called a shortterm investor, trader or shortseller, whichever the case may be at the time. But it definitely does not qualify as a LONGTERM INVESTOR. Longterm is longterm, shortterm is shortterm and a trader is a trader short or long. Of course, if you feel that being in the market at all times, one way or another, qualifies you as a longterm investor, we definitely have a confusion here. And remember, I am not saying that one over the other is wrong. You have to go with whatever you feel comfortable with. I am a longterm investor and trader in my mind, because I have stocks that I hold longterm even if the company hits some downward spiral. I then buy more. If I feel that the basics of a company are changing for the worse, I sell and go on to other pastures or trade it like you do. I said you are wishing for bad things because you are short. You certainly would not want to have the stock go up now. Ok, you think things look bad. You look mostly at TA, I look mostly how the company proceeds. They have stated several times earlier last year that several qtrs. would be flat to up. Flat for Intel in my mind is better than up for cos. with little earnings unless I gamble that their future earnings will be better. In any case it does not pay to call the company names or for that matter anyone on here. Sonny