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Technology Stocks : Intel Corporation (INTC)
INTC 49.25+0.9%3:59 PM EST

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To: scott who wrote (7534)1/7/1997 9:52:00 PM
From: exhon2004   of 186894
 
scott:

re your <Intel = Commodity>

If so how can you say intel is a bargain? I couldn't disagree with intel=commodity more. In fact I believe the correct equation is intel=franchise. How else is it that the consumer is willing to pay more for something that they never even see, that doesn't necessarily offer better performance and in some cases offers lower performance specs than the competition?

I'm elated the investment community used your formula in pricing intel, because otherwise I never would have had the opportunity to triple my money in a little over a year. And I screwed up, I bought the stock rather than the warrants. Now that investment community has woken up and realized the that intel is not a commodity but a franchise and that's why intel is performing and why the investment community is willing to pay the current multiple.

Best Regards

Greg Gimelli
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