Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.92

+5.5%

11:47 AM EST

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To: Gary105 who wrote (6530)	12/16/1996 10:20:00 PM
From: jmac	of 186894

filling a gap at 90 would put Intel at a PE of 10. No way. Technical analysis aside, there has to be some common sense. The only way this company is going to fill that gap is if there is a HUGE earnings disappointment. MU had numerous problems Intel doesn't face. PC sales may be slow at the retail outlets but it isn't slow at the corporate level. INTC may not hit $9/share in '97, but it won't hit $4.50/share either. I am a very nervous bull making the mistake of being greedy rather than smart. I did it last week, I've done it every year since I can remember.

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