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Technology Stocks : Intel Corporation (INTC)
INTC 49.33+6.1%2:21 PM EST

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To: Sonki who wrote (23547)6/3/1997 4:39:00 PM
From: James B. Ditsworth   of 186894
 
Actually I'm not nervous! I just wanted to run some numbers on P/E growth and average P/E ratios for INTC, on my own.

It has been an uphill battle for Intel this spring, first the Tech downturn, then the AMD chip hooplah, now it's DEC & Cyrix suits and Intel's statement about quarterly earnings.

I am not looking for a doubling in INTC as we have seen in the recent past, rather something more modest. But I still expect to see 180 by the end of the year. Perhaps not 200 as we all hope.

Regards,
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