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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-2.2%12:17 PM EST
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To: Paul Engel who wrote (84987)7/6/1999 3:46:00 PM
From: Mary Cluney  Read Replies (1) of 186894
 
Paul,>>>He will be RIGHT no matter what.<<<

Let's assume Dan is right. Intel earns 51 cents on $6.750 Billion in sales 2Q. 

               2Q 1998      2Q 1999    %ch  

Revenues          5927         6750    +14
Earnings           .33          .51    +54  

               1H 1998      1H 1999    %ch  

Revenues         11927        13853    +16
Earnings           .69         1.08    +56 

So what if he is right.  Why should we let him make a value judgement
 that Intel deserves a lower PE ratio.  Who in h*** is Dan Niles.

Regards,

Mary
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