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INTEL.... @ $18ish....deserves a good look.....(Follow-up to "INTELligent INTegration")

|Includes: Intel Corporation (INTC)

Yesterday, I wrote "INTEL....INTELligent INTEgration" on my Instablog (seekingalpha.com/instablog/686137-soos-global-capital/90950-intel-intelligent-integration) noting the foresight that Intel management has shown with their recently announced acquisitions of McAfee and WLS. 

Already having INTC in my portfolio as a core IT holding, and concerned that yesterday's market euphoria will be fleeting (see my post "Caution, Dr. Smith, Caution" from yesterday seekingalpha.com/instablog/686137-soos-global-capital/91090-caution-dr-smith-caution-recap-reflections-on-september-1-2010, I'm exercising caution on buying more and hope to add to my position at sub $18, but anything in the $18ish level, for longer term portfolios, looks appealing to me. 

(Again, each investor has to weigh the relative risks and merits against his/her own financial profile, but I'm expressing my sentiment from the perspective of my globally allocated and diversified portfolio).

More later...
Ed

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Disclosure: LONG and wanting to get longer: INTC