SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis who wrote (47071)2/3/1998 5:44:00 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Dennis - Re: "I'm in for the very long haul, do you see it hitting 100
anytime soon and would you buy more NOW ??? "

If you are in for the long haul, don't worry about $100. It may come soon, it may come later.

I assure you, it will come.

But predicting a given stock price at a given time is not my forte. I suggest you see a gypsy or contact Paul Fiondella.

As for buying Intel now - again, you claim you are in for the long haul, so now is a good time - clearly a few weeks ago was a better time. If you have the stomach to ride Intel up and down - and you obviously rode it down to $67 - $69 without hitting the panic button - then today's price will look good in a year or two.

You can make money with Intel but you will not get rich quick with Intel - unless you are already rich - in which case it doesn't matter.

Re: "..a few months ago I thought a wafer was something you could eat."

AMD knows the meaning of this. They have been eating quite a few wafers for the past 5 or 6 months.

Paul