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


To: Amy J who wrote (81564)5/25/1999 11:47:00 PM
From: L. Adam Latham  Read Replies (3) | Respond to of 186894
 
Amy:

Re: I picked up some c/s today and am in it for the long-term. Speed bumps do not bother me.

Congratulations on your purchase. There have been at least three other times (not including the present) in the past 3 1/2 years where INTC has dropped >25% from its recent highs. If you purchased 100 shares each of the three times it dropped 25%, you'd have 800 shares now with a cost bases of less than $25.

It's interesting to note that each time INTC had a setback, various bears would post like crazy that Intel sucked, that nobody needed the latest processor, that AMD and Cyrix would put Intel out of business, etc. It use to be Fuchi/InvestorA who loved Cyrix innovations (emphasis on the past tense loved), then it was someone (was his name Vinod?) who was so bearish on Intel that he bought a put, and now it's Scumbria, who loves graphics and hates Windows NT and TV. Be patient - maybe the reported Merced announcement will have a positive effect in the near future.

Adam



To: Amy J who wrote (81564)5/26/1999 12:36:00 AM
From: Black-Scholes  Read Replies (1) | Respond to of 186894
 
Amy J. - What is "c/s"?



To: Amy J who wrote (81564)5/26/1999 11:17:00 AM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Amy - Re: "I picked up some c/s today and am in it for the long-term."

Congratulations.

This morning - Wednesday - I also bought some more Intel - for $52.

Intel may continue to drop in the short term, but with Intel's product portfolio and manufacturing clout, those shares will join their "cousins" and in a few years will double in value.

Paul