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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.6%3:59 PM EST

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To: Bill Fischofer who wrote (89267)10/2/1999 3:43:00 PM
From: Joe Gun   of 186894
 
Analysis of Article......

Author quotes "Yankee Group's Howard Anderson" Big Deal who is He??

It is Jay Palmer's (author) opinion that:

"The shares currently trade at 33 times consensus estimates for 1999 and 28 times estimates for 2000. That's nearly twice the company's expected growth rate in 2000. If Intel's multiple were to drop to, say, 1.5 times growth, its shares would trade at around 59. And if they were to trade at one times growth, the shares would fetch just 39. Once investors wake up to the fact that Intel's glory days are over, that could easily happen."

The above does not sound much different then a Web Post.

In the short term the stock could do anything, I am not selling on the basis of this article. The article's effect if any will be a one day event. I doubt this pressures the stock more than a couple of points on the open.
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