Intel Corporation (INTC) Message Board

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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: Fred Fahmy who wrote (4243)	10/15/1996 8:28:00 AM
From: Road Walker	of 186894

Fred and All, Has anyone calcualted the new PE ratio as a result of the earnings release? Fred, PC's are still a cyclical business, but not to the extent Wall Street believes. As home use increases and world markets expand, cyclical demand flattens. When PC's were 90% domestic business products, it was very cyclical. Where is Paul Engle for this celebration? Out spending his profits? It should be an interesting week (option expiration) in INTC trading. We know it will go WAY up this AM; but will the powers that be sell the news later in the day? Just MHO, I expect some wide swings in price throughout the rest of the week. The real short term traders are going to have a ball with this one. John

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