Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

Feb 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: P.Prazeres who wrote (5479)	11/19/1996 2:14:00 PM
From: chuckie	of 186894

I agree with you . Stock target of 130 in the short term is not unreasonable, PE would still be reasonable. As far as AMD and Cyrix are concerned, are you guys nuts? Grove predicts costs for building next generation chip plant could run to 5-10 billion dollars, reasearch and devbelopment alone would kill AMD. By the time K6 comes to market in quantity it will be an also ran. MMX architecture, P7 around the corner. AMD had better have suuccessor to P6 waiting in the wings ready to roll in 2 years or it will be the "also ran" forever. Cyrix, same problem. Why fight the trend. Buy Intel , Hold INTEL, be happy. Ride out the blips, if you sell out Intel every time it corrects you are guaranteed to lose money. This is not a short term traders stock right now, too volatile day to day (unless you are out on dec or jan options that are not too far out of the money). Short term I think this stock can trade in a range from 110 to 125. Day to day news gyrates this baby but long term trend is unmistakable, not one analyst out there will say Intel is a long term underperform. Chuckie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next