Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.38

0.0%

3:12 PM EST

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To: Jeff Mills who wrote (41721)	12/8/1997 12:38:00 AM
From: hb	of 186894

Chart for intc indicates trading range of 74 to 82.Since there is deflation in pc market (too much supply of pc indicated by oversupply of disk drives, modems,etc) the margins for intc will be lower than what is predicted to be able to earn $4 per share next year. Given such flat earnings, is P/E of 20 justified based on next year's earnings?

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