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Even with today's close of 72 7/8, Intel's P.E. ratio is only about 18, this is well below its estimated growth for 1996. Also, Money Magazine ranks Intel #1 for all blue chip stocks for the next five years. And even more importantly, Rick Whittington at Soundview likes Intel, and he has a ton of influence (for whatever reason). Today, Paine Weber also upgraded Intel to a buy, and many others (i.e. Merril Lynch, Prudential, Dean-Witter, Smith-Barney, Goldmann-Sachs, OLDE, etc., etc....) has recently upgraded/reiterated Intel as a strong buy/buy. |
