Intel Corp (INTC)

[RGood]

Common,

You call it luck.

You make your own luck.
I go at life this way.
If you look hard enough for the negative
stuff in life you will probably find it.
If you look hard enough for the good stuff
life you probably find it.

I subscribe to the later.

It is not luck. It is more akin to statistical
probability. The market is a complex system with a
rather behaviorial pattern to it. One watches
these patterns. The patterns are not governed
by the PE ratio. The PE ratio is not the motivator
to a particular stock's upward or downward movement.

I don't know how to explain it any better. I know
I am waisting my finger strokes on this keyboard.

Another thing - Heck, Even Dan Niles (probably one of
the most bearish analysts in the past) is bullish on INTC.
Yes - INTC is at ~ 50 P/E.. Even Dan Niles knows that INTC
still has some more headroom left. We are in a good market
right now - although I don't think 2004 is gonna be as
bright as they say. I think the market has defintely found
a bottom and is building a solid base. I don't think the
the market has finished building it's base yet though.

This is my opinion. What I do is not luck - it is calculated
risk taking. YOU should to. It's about making money.

Quit getting stuck on this PE thing - there are other
indicators. Use them - use them all.

Ronster