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Technology Stocks : INTC
INTC 40.03-1.3%Dec 1 3:59 PM EST
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To: Frodo Baxter who wrote (153)4/9/1997 11:46:00 PM
From: Harry Landsiedel   of 990
 
Re: your, <<How about "We make more $ per computer sold than they do.">> I absolutely agree.

I just finished an article in Financial World which graphically showed MSFT's and INTC's price and talked about how they were, "joined at the hip."

To explain Intel's 17 PE compared to MSFT's 43, they explained that of course Intel was a cyclical semiconductor company!

Now I think a 43 PE is too high but 25 on '97 earnings would be nice. That would put INTC at around 215.

HL
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