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Technology Stocks : INTC
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Paul Engel who wrote (262)4/19/1997 2:42:00 PM
From: Reginald Middleton   of 990
 
Using discounted economic profit (value), I value INTC at $295.77. According to DCF it is $239.06 (assuming a 6% perpetual growth rate). These numbers were generated by the INTC valuation model I posted earlier. I am interested in discussing possible future cash flows with you since you have demonstrated intimate knowledege of the industry.
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