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

To: AK2004 who wrote (18635)	3/24/1998 1:48:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Albert. Alright. I never knew that you were NOT a diehard AMD investor. But I don't need to invest in bonds just because I don't have iron nerves. Buy and sell here and there will do. I am not completely into buy and hold. But I do disagree with you on Intel. I do not believe that Intel is overvalued. Even if they are flat or come in under expectations they make more money then a lot of companies can make in their dreams. An occasional bad year does not make for a risky stock. Sometimes I rather not make as much on a good stock than leave for so called greener pastures at that time and then miss the overall good returns. Like I said: I have sold some Intel at times but have not been out entirely and have never regretted it and don't think that I will regret it in the future. There are plenty of stocks to play with. Albert, if you read our thread here you will find out that we never down each other for having a different opinion, well maybe at times, but on the other hand we don't trash our stocks for no good reasons. And your reasons are just no good. Intel has fallen a bit on hard times with all this stuff going on but as far as techs are concerned, it is still No.1 in their industry. We are also not down on traders. We have some on our thread. Whatever works best. That's the name of our thread. Most of us like our Intel and the ones who don't at a given moment, may give their opinions but don't trash continuously. We always welcome news, even bad news. So, if you have facts and can back them up by articles, pl. post them. So far I have not seen anything that makes me believe that Intel will not keep their place in the sun. If you have sold all of your Intel last year why do you keep on irritating investors that still hold their Intel? It's of absolutely no value. Now, I will not try to convince you that you should buy Intel and you should not try to convince us that we should sell. An opinion on that subject is alright here and there, especially if asked for, but a barrage of posts is not necessary. We tell each other when we buy or sell a stock and give the reasons but in the end each one of us has to make up their own mind of what to do. We give or take advice without expecting the other person to follow it. But in your case you seem to feel that you absolutely have to talk us out of owning Intel. I don't think we believe blindly in Intel but as long as we believe it will do alright by us we reserve the right to keep it without being hassled to death. gg. Can't you just let it go and say to yourself: Well, it's their loss if that is the way they feel about it? Anyhow, I just see my TGO come by with a nice pop, so I will end this by saying: Lighten up and don't worry about Paul. I know he can be sharp at times. gg. Sonny

To: AK2004 who wrote (18635)	3/24/1998 9:34:00 PM
From: Fred Fahmy	Read Replies (1) \| Respond to of 27012

<I never understood buy and hold on a risky stocks like intel or amd. It is like asking "shoot me, please". Yes, I do trade them instead.> Everyone has their own investment style. Clearly buying and holding AMD has been and is a very risky strategy since they have never demonstrated an ability to remain profitable and the stock has not appreciated significantly over the long term. It has been a pure cyclical play. In fact, over the past 5 years AMD is up 0%. I too could never understand a buy and hold strategy for AMD. During the same time INTC is up 418%. I, along with many other long term INTC investors, consider INTC a "sure thing" and about as risk free as it gets in the market if your time horizon is long enough. I'm not talking about over a 6 month period or even a 1 or 2 year period. I am talking about over 3 or 5 or 10 or 20 years. IMO, there are few other stocks (MSFT is another example) that have such a low risk/reward ratio. While you can't understand people buying and holding INTC, many people can't understand trying to time every downturn. Instead, we use downturns as an opportunity to add to our positions. This is what we mean by achieving wealth with INTC. Although Intel is going through a tough period, things have been much more brutal for Intel's competitors. As I predicted more than two years ago, CYRX on the verge of financial collapse finally had to throw in the towel. Also as I predicted, AMD is now in a similar position. AMD will not survive unless they get outside funding (i.e. unless they get bought out). Unfortunately, I view this as bad for the consumers, the industry, and Intel itself. Competition is a good thing for everyone. AMD's flawed strategy (not their products), however, has brought them to the brink of financial disaster. Here are AMD's last 8 quarters 96q1= .18 96q2=-.26 96q3=-.28 96q4=-.15 97q1= .09 97q2= .07 97q3=-.22 97q4=-.09 And of course this quarter will also be a big negative. Keep in mind that all of this is during a time when AMD has "supposedly" closed the competitive gap. The numbers speak for themselves. Oh well, the bottom line is that I agree with half of your original statement. I don't understand why anyone would buy and hold AMD. Don't be so quick to judge other peoples investment styles. Some people like to trade and time the market. Others prefer to pick quality stocks and hold them while adding to their position. The latter strategy has worked quite well for quality stocks like INTC, MSFT, and CSCO and has required no guesswork and little risk, just patience. FF