Intel at $200 Message Board

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Technology Stocks : Intel at $200

INTC 41.34

-0.4%

Oct 29 3:59 PM EDT

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To: Burt Masnick who wrote (277)	3/26/1997 8:53:00 AM
From: Stonehenge	of 282

Hi Burt. Would love to see $200. yet this year but the psychology must turn back towards the techs for that to happen. I remember INTC selling at a PE of less than 10 x forward earnings a few years back and of course we bought more at that time. I only wish that we had more cash but I have too much on margin to bet more now. Maybe we saw the selling climax a few days ago when it hit $125, intraday and closed over $130. I expect that on any good news we will see significant upside in INTC and the other (beaten up for no fundamtal reasons) techs such as csco, orcl, sunw, ca, and nvls. I hold each of these so it has been an interesting few months but at least I can say that I have seen it before and will again and have no intention of capitulating unless the fundamentals are not there. What is your longer term estimate for INTC share price? Take care.

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