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Technology Stocks : Intel's "King of the soothsayers"
INTC 39.99-0.4%Oct 31 9:30 AM EST

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To: Charles Webster who wrote ()1/7/1997 5:39:00 AM
From: Kevin OBrien   of 85
 
I am going to stick out my neck. My valuation formula shows a significant discrepancy with INTC.

A 3 for 2 stock split is due immediately to correct it. Its valuation is such that the diluted shares will move to the present price level, time adjusted, for the relative movement in the S&P 500.

This is an implicit buy recommendation. Note I am not a registered investment counsellor and my opinion has to be taken accordingly.

Kevin O'Brien
Wainuiomata
New Zealand

e-mail: kob@pchelp.gen.
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