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Technology Stocks : Is Intel a $100 stock next year
INTC 39.87-0.7%1:06 PM EDT

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To: Burt Masnick who wrote (2)12/22/1995 3:15:00 AM
From: Ira Vine   of 58
 
I find it ironic that a company like Coke, which predicts 5% growth, is afforded a multiple of close to 40 (although it is backing off now), while Intel is given one of the lowest PE's in the tech sector. I also find it ironic that the stock goes down on bad news for other companies which is really good news for it (like bad sales of low end PC's which we know really means better sales of higher-end PC's). Hopefully, when INTC comes in with good numbers, the same irrational people will push the stock above its fair value.
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