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Technology Stocks : Intel Corporation (INTC)
INTC 35.27-0.7%9:57 AM EST

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To: Michael Bakunin who wrote (92808)11/18/1999 12:18:00 PM
From: Tony Viola  Read Replies (3) of 186894
 
mb, Re: "Say Intel grows revenues and earnings at 20% until its revenues represent 5% (!) of total GDP. Then Intel grows with GDP,
at 5% nominal per year. Discount at 12.5%, and Intel is worth $200 B. -mb"

Is this some new kind of law of economics. Guess I'd better retake ECO 101. LOL!

I can't speak for you, but I noticed from a brief tour of the M. Burke thread recently that AMAT is another one of his, forget how he put it, but something like, no-brainer or automatic put candidates. I mean when do the naysayers of the best high tech stocks just throw in the towel? Kind of like betting against the NY Yankees the past 4 years.

Tony
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