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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: Robert Douglas who wrote (92810)11/18/1999 12:54:00 PM
From: Michael Bakunin  Read Replies (1) of 186894
 
5% of GDP is absurd. So, any model in which a company's revenues reach this plateau is a high-water mark. I appreciate your polite and informative response. Your estimates are not unreasonable, but I mistrust that P/E's of 30+ can't last. The $200B referred to the entire company's discounted value, not each share's. -mb
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