Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

+2.3%

Nov 19 3:59 PM EST

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To: Paul Engel who wrote (87384)	8/29/1999 6:44:00 PM
From: t2	Read Replies (2) of 186894

Paul, Has Intel looked this good as an investment in this year? I don't recall such a time. Intel stock is so strong right now that even general market selloffs are not having effects on buyers of the stock----and IMHO won't have significant effects. I see a pretty fast road to 100. This is not due to some idea that its PE is low compared to others in the PC sector. Instead, it is just the realization that this company is a gorilla and the past selloffs in the stock were based upon fears that were unfounded (especially the AMD fear). Investors and particularly some analysts had expected it to become a dinasaur. Those sell side analysts now realize what is really happening and are changing their tune. I can't think of a single growth company in the tech sector that is as safe a holding as Intel----and having great growth potential. I am looking out about 6 months and expect to make a bundle on this one.

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