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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Dave who wrote (149061)11/21/2001 2:05:58 PM
From: Tony Viola  Read Replies (1) of 186894
 
I've seen some 2003 estimates for Intel earnings at $1.60 or so. If anyone is believing that, it gives a higher target for the stock. I went to Zacks.com to see some other tech bellwethers' prospects. Cisco, Sun and EMC have PEs higher than Intel for next year and the year after; Microsoft and Oracle lower. FWIW

my.zacks.com

Again, you can't look at PE only, or PE even primarily, to predict a stock price.
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