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

To: Len Roselli who wrote (63989)	9/5/1998 12:34:00 AM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Len - re: Qualcomm " I thought I was getting a bargain at 44, but of course it went south immediately after I bought! " Congratulations ! Yes, Qualcomm was up a point or more this morning then dropped to "down $3+, I recollect, before finishing down about $1.50 or so. My guess is that the re-newed Latin America fears are adding to Qualcomm's global exposure. It's going to be a rocky ride - for quite a while. One thing to be sure - you bought The Leader in a Key Technology. Over the long haul, Qualcomm - and you - should do just fine. Good luck! Paul

To: Len Roselli who wrote (63989)	9/5/1998 7:54:00 AM
From: nihil	Read Replies (1) \| Respond to of 186894

RE: Entry causing a price drop I've noticed that I cause the same effect. Now when I want to establish a position I buy 100 shares at the market -- watch the price drop, buy a few thousand shares at the lower price, and save a hell of lot of money. I haven't done this with Intel since my problem in July 97, which I think started the mess of the last year. Next time you plan to establish a new position, be a pal and drop a note to this thread! I don't know what this phenomenon is in market-speak, but in epistemology, it is known as "solipsism." If one actually made money consistently using this method, it would prove (to my satisfaction, at least), that the universe (or market) is purely subjective. Not very likely, but worth a try. Nothing else seems to work. The philosophical foundations of buy-and-hold Intel are still murky to me, even though Archimandrite Carl has full explicated the religious underpinnings, and Dr. Paul has explained the scientific groundwork.