Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: jiggy who wrote (1553)	5/31/1996 4:57:00 PM
From: Larry Loeb	of 186894

With all the money that has been piling into the market, there are very few stocks that have been undervalued. The worst thing you can say about Intel is that it is fairly valued. Given the bullish long-term projections (if you feel that the second half is long-term), there appears to be some upside to Intel. Given your stated interest in trading, I would agree that it is by no means certain that Intel will start trading at significantly higher prices (unlike USRX and SUNW), but they did use that key word "INTERNET" during their presentation. That alone could justify making them a 20-25 PE stock within the next six months. Just MHO. Larry

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