Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: jmac who wrote (49505)	3/4/1998 10:33:00 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 186894

On one of the yahoo msg boards there is a post where someone's broker says intel will open tomorrow down 24 . Is it possible that this could be true? When are opening prices determined. The thing that bothers me is, my broker at Bear Stearns has occasionally told me the opeing price of some securities the night before, and they were right. But come on, down 24... that cant be possible. Can it? Michelle

To: jmac who wrote (49505)	3/4/1998 10:35:00 PM
From: Jean M. Davies Schmith	Read Replies (2) \| Respond to of 186894

People ride good, proven stocks down, even when they can't anticipate the depth of the fall, because neither can they anticipate the specific time of an up-turn. I emphasize good--and proven--stocks. Investors doing this make money the old-fashioned way, i.e. through time in the market, rather than timing the market. It's humble, but it works. Just ask Ibexx.

To: jmac who wrote (49505)	3/5/1998 9:15:00 PM
From: BelowTheCrowd	Read Replies (1) \| Respond to of 186894

Jmac, 1) Last time I "thought it might be going lower" I did sell. It settled a few bucks and did nothing for a while. Then jumped 15 points before I could free up the cash to get back in. 2) Even at current levels I've got significant gains. If I believe that the long-term trend is upwards -- which I do -- then it's stupid of me to sell the stock, pay taxes, and buy back in 6 months. The only reason this would make sense is if I thought a decline would be permanent or if I thought I could make more than the tax penalty by investing in something else. 3) There are plenty of good ways to hedge the position that don't involve selling the stock and forking over 30% of the proceeds. mg