SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTEL: 1st Q 97 Earning's and Price Predictions
INTC 41.50+5.0%Oct 28 3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jaypeter who wrote (8)2/11/1997 7:29:00 PM
From: Feraldo   of 26
 
To all: hey

I say 2.75 or more. Let's look out the past here. The analysts had 1.77 last time. O.k. Now let's look at the last price cut and we notice that demand was strong enough that they cut prices less than expected. Let's also notice the MMX chip is now out. And yes it is faster. I have one.

The Ppro is becoming a dominate force now.
And do you remember that last qtr they said that they were having great difficulties in keeping up with demand on their Ppro 200's. They shorted Micron Electronics by 48 million worth of chips last qtr. The demand was too high. They've had to build new plants and vamp up production. Remember these are the most expensive chips.

I see earning at at least 2.75. The last time when they came out with 1.48, I said next qtr will be at least 2.00. I posted it on one of Intel's threads and told all of my investment buddies and got lauged at.

Now for my price prediction. This is hard to tell. I see a bear market possibly on the way, due to too much competition amongst the networkers. In 94, that bear market showed what happens when networkers have bad earnings, though interest rates did not help much.

But none the less, I guess I could see a price of 200 easy. More thoughts later tonight.

feraldo
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext