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Technology Stocks : Intel Corporation (INTC)
INTC 40.01+1.7%Jan 6 3:59 PM EST
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To: xstuckey who wrote (96266)1/14/2000 12:16:00 PM
From: Process Boy   of 186894
 
x - <I suggest all Intel longs engrave this week in their memories, so in less prosperous times they can say: "I owned Intel the week the P/E ratio was adjusted upward. It was a wonderful thing.">

I remember Grove a few years back in an interview was asked something about Intel's P/E ratio at the time (~16?). I remember him listing of several other semis with higher PE's (MOT, etc.) and capping the response with , "Where's the 'P'?"

I hope you are correct in your assertion that the 'P', has arrived. :-)

PB
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