Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Harry Landsiedel who wrote (87642)	9/2/1999 9:50:00 PM
From: John O'Neill	Read Replies (2) of 186894

>>. We are raising our 12-month target price to $100, which reflects a target 2000 P/E multiple of about 35 times (earnings)." Source: Company data and Bear Stearns & Co. Inc. estimates.<< ask yourself...did bear stearns stock up on intc before or after raising price target....if they change it to a hold..will that be before or after they have dumped their inventory.... besides..the dollar just crashed thru it's 200 day moving average and uptrend line... decisionpoint.com so maybe $100 will just be lunch money ...intc could reach that target easy then...

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