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Technology Stocks : Intel Corporation (INTC)
INTC 40.03-1.3%3:59 PM EST

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To: Joe NYC who wrote (127755)2/18/2001 10:45:10 AM
From: Tushar Patel  Read Replies (1) of 186894
 
Here is your original post (http://www.siliconinvestor.com/readmsg.aspx?msgid=15370782 ) - I went through the exercise with Frank a few months ago, where I projected Intel's revenue and earnings growth forward to 10 or 20 years, and I came up with Intel revenue several times higher than the GDP of the entire planet.

Here is your response to my post (http://www.siliconinvestor.com/msg_multireplies.gsp?msgid=15371734 ):
When I was doing this calculation originally, it was based on the market cap of about 400 billion, with Frank's assertion that Intel stock doubles every 18 to 24 months

Are you now implying that revenue (an annual number) and market cap - measure of value of the company based on the present value of PERPETUAL earnings are the same?

Why do you think theoretically that the market cap (which is a measure of discounted PERPETUAL earnings) and GDP (an annual number) are related at all in any direct way?

As far as your comment
25% is not that great,

I assume this means you are aware of dozens of companies that exceed that rate over 2 decades of doing business. Would you please name some (say 10) of these "great companies"?

tushar
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