Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Proud_Infidel who wrote (85672)	7/14/1999 12:40:00 PM
From: Alok Sinha	Read Replies (2) of 186894

I don't see much of an issue with Intel's valuation - the PE is well supported by Earnings growth - short term hiccups notwithstanding. My comments regarding valuations were specific to the internet / e-commerce sectors. Incidentally, I saw Dan Niles' interview on CNBC - you have to give credit to him for calling the numbers right - Cramer tried to needle him about being right about earnings but wrong on the stock, and I though he defended his viewpoint well. Although I hold the stock I am prepared for short term weakness in the stock based on his comments. To be honest today's point gains do appear manufactured.

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