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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST
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To: Barry Grossman who wrote (4192)10/14/1996 9:52:00 PM
From: Jean-Pierre Abe   of 186894
 
<< At 114 I think INTC remains grossly undervalued, at 150 it is fairly valued. At 200 it would be overvalued right now, but later next year 200 will probably be a fair price.<<

I agree too. We are just seing the beginning of a major long-term INTC runup as Intel is preparing its line of MMX processors which will be able to perform a lot of the multimedia functions (including communications) without the need for third party chips, and will greatly augment Intel's domination of the PC industry. Just like MSFT, INTC at this point appears very much unstoppable.

-JPA
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