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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 227.90

+0.4%

3:59 PM EST

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To: Oeconomicus who wrote (142812)	6/9/2002 9:35:06 AM
From: H James Morris	of 164684

>>Bad news from Intel<< Yeah, I'm just catching up on the Intel news. Btw I'm not going to run out and buy AMD either. >>Intel has dominated the semiconductor industry for what seems an eternity. Not long ago, its market value exceeded the combined total of the 16 other chip stocks in the Philadelphia Stock Exchange semiconductor index. For many investors, Intel is not just a stock; it is a religion. Even following the company's reduced sales and profit forecast, Intel carries a $147 billion market capitalization and a price-to-earnings ratio of 42. Quite a price tag, given what Intel is up against. nytimes.com

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