Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.51

-0.8%

3:59 PM EST

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To: Mary Cluney who wrote (92666)	11/17/1999 11:42:00 AM
From: Harry Landsiedel	of 186894

Mary Cluney. Re: "It is precisely the long term investor that is being affected." Long-term, the stock price cannot and will not grow faster than the underlying earnings. As Warren Buffett said in a recent Fortune interview, "The inescapable fact is that the value of an asset, whatever its character, cannot over the long term grow faster than its earnings do." In the short-run lots of things can distort that picture. Good PR is one of them. That's why I agree with Windsock, " Analyst sentiment, the by-product of an in-bred community that produces no products, is a short term annoyance to the (long-term) Intel investor." HL

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