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

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To: Fred Fahmy who wrote (23434)5/31/1997 12:59:00 PM
From: Joey Smith   of 186894
 
This week's Barron's actually put a positive spin on Intel's
2Q shortfall citing not enough capacity to meet demand for
PII and MMX products. One analyst (I believe Murphy) had
very bullish comments stating $9 eps for 97 and $11.75-$12 eps
for 98. He also harked on Intel's low PE. He said if Intel
doesn't deserve at least a 20 PE, he doesn't know what
company does. Good luck.
joey
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