Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

3:59 PM EST

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To: Felix Appolonia who wrote (87738)	9/4/1999 2:23:00 PM
From: Paul Engel	Read Replies (5) of 186894

Felix - Re: "looks like we are headed to 100 next week" Expectations are getting too high ! I thought Intel was fine at $83 - then it jumped to >$85 on Thursday and jumped again to $89 5/16 on Friday. Realistically, Intel needs to expand its earnings to reflect this valuation - and that will take many quarters of good results. All those "good quarters with good results" are being priced in to the stock AHEAD of Time. Patience. Paul

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