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Strategies & Market Trends : Free Cash Flow as Value Criterion

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To: Andrew who wrote (106)11/17/1997 9:12:00 PM
From: jbe  Read Replies (1) of 253
 
Andrew, only just now got around to looking (carefully) at your Intel Discounted Future FCF Valuation, and alas and alack! I do not fully understand it. Actually, that's not quite true: I did understand one thing, which is that you are -- wisely -- taking into account options costs. Just the other day, somebody (don't remember who) praised Microsoft (for a change) for doing that. But, despite the explanations you offered in the immediately preceding post, I am not entirely clear as to what over-all conclusion you reached. To put it another way: just how gung-ho on Intel are you? Could you enlighten me?

joan

P.S. Also -- how about accepting the challenge in the last paragraph of post #214?
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