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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 3:59 PM EST

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To: L. Adam Latham who wrote (85576)	7/13/1999 11:47:00 PM
From: kapkan4u	Read Replies (2) of 186894

<Adam - re: Why are you comparing Q2 1999 earnings to Q1 1997? Makes no sense. Q2 earnings, maybe, which would be $0.46, for an increase of about 11% from 1997, and an increase of 55% from 1998.> Ok. You win. EPS growth from Q2, 1997 of 11% translates to 5.5% EPS growth per year. The company with about 6% EPS growth rate deserves the P/E multiple of about 6 and not 26. Kap.

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