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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Dan3 who wrote (89306)10/2/1999 10:42:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Danny3Peat - Re: "I think that Intel is worth between 6 and 12 times as much as AMD is, not 115 times as much as it was priced last week, nor 98 times as much as it is priced now. I think Intel will come down some more, and AMD will move up quite a lot."

Personally, I don't think a company that hasn't posted a profit in FOUR STRAIGHT years is worth a penny, let alone $17 - especially when AMD is selling CPUs into the LARGEST MARKET EXPANSION of PCs in the history of PCs !

Intel's stock price reflects their preeminent position in the semiconductor industry - the WORLD's LARGEST - and their position a the WORLD's 4'th, 5'th or 6'th MOST PROFITABLE CORPORATION.

Basically, Intel and AMD are related in price just as a PRIZE BULL and BULLSH*T are related in price.

Paul
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