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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Peter Greenhill who wrote (14957)3/20/1997 8:46:00 PM
From: chin   of 186894
 
Dear Peter,

I hope the analysts are right. If intc can earn $10 a share, then on
a pE ratio of 20, it should be $200 a share. From this point of view, it is undervalue now.

I am just be a little bit concern that I receive so many recommendation and similar estimate on earning.

So far, I know the demand on computer is strong especially notebook. Most of the OEM companies in Taiwan are in good business. The stocks of some notebook companies in Taiwan goes up 1000% this year! So why is there a downturn? The business comes from USA.

There are still several months before AMD chips can go into the PC.
In this period of time, can INTC trun out a much better chip than AMD's and cut down the price on the lower model. If so, it may kill AMD. No one know!

I cannot understand the recent melt down on the technology sector. The demand on technolgoy products are strong. Every one in Taiwan is talking about technology stocks. The electronics companies are in better business than last year. They are talking about the recovery. People are expecting a better Chinese New Year bounus in this year.

Chin
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