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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST

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To: jim kelley who wrote (22126)5/15/1997 10:31:00 PM
From: Joe Schmoe   of 186894
 
> I think the P/E is more useful for a company like INTEL which has unusually high profit margins.<

At 65% even Intel management agrees that profit margins are higher than they expect in the future. I can think of a lot of scenarios that would erode margins, none of which would be referable to poor execution by Intel.

My sense from following this thread for a short time is that the current contributors are more Intel acolytes than Intel investors. As the West Virginia mountaineer says: "No matter how thin I make my pancakes, there's always another side". You folks don't seem to worry about the other side.
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