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[gwreddragon]

I'm starting to think buying Intel stock was a mistake. The real question now is, will it recover well, or is this a slide it isn't going to come back from for a long time? It was on the decline anyway before the market slowdown, so it's not looking so good for me

Comments

[zebeagle]

I think that Intel will introduce a new product in the next year or 2 and then the stock price will jump. I haven't heard about any shake-ups or revenue problems in the company. Hang in there. (But you probably don't want to take my advice cause I know very little about the stock market.)

[gwreddragon]

Yeah, that's basically why I bought it. Intel's products are very solid at the moment, but that may not be enough to counteract other problems. I predict sales of Vista will be below expectations, which may also drag down Intel sales with sales of new PCs. Plus, there's always AMD to deal with: if they come up with a great product (even if it is not superior to Intel's), Intel may automatically lose more market share.

[oldsmobile_mike]

I've heard that AMD is "ripe for a buyout". I've heard that IBM is one of the interested parties. That might shake the chip market up a little bit, eh? ;-)

Regardless, keep stocks for the long-haul. Intel is definitely not some fly-by-night company. The stock will go up, the stock will go down, but in the long-run, you'll make money off of it. All-in-all though, I wish I'd had money for about a thousand shares of XM Radio back when they were $2 a share, and before they went up to $35 a share. Now what are they? About $14? Oh well, I still have my five shares. =(

[gwreddragon]

That's the traditional view of investing, but stocks don't really work that way, especially these days. The market's approximation of the potential growth of the company is already built-in to the stock, so the only way you will make money in the long run by buying and holding is if the market is proven wrong and the company lasts longer and/or makes more money than is expected.