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

To: AK2004 who wrote (52214)	4/6/1998 5:41:00 PM
From: Jimbo Cobb	Read Replies (1) \| Respond to of 186894

No, not at all, I said to short "the pig" (AMD) when it was around 35 last time and you folks were getting all hyper saying it was going to 70 like Drew Peck...I agree AMD is always worth buying under $20, as it has a history of bouncing between 20 and 30 while INTC doubles and splits, doubles and splits, doubles and splits... You can either trade AMD for 50% gains between 20 and 30 or buy and hold Intel...you get rich either way. Of course, if you BUY AMD at 20 and sell it at 30 AND SELL SHORT at 30...then you might actually get higher returns out of trading AMD than holding INTC, if you don't mind paying all the income taxes...especially now with long-term cap gains rates being lowered...more benefits to the long-term INTC investors.