Tuesday, August 31, 2010

Adding to Intel Position

Intel (INTC) fell below 18 today. So much for my wise idea of holding for initially trading position. Solution? Well, I bought more today. Tech company with billions in cash, paying 3.5% dividend, still growing, with almost monopoly position in CPUs for almost all computers in the world, trading at P/E 11? It's a buy in my book.

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