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Technology Stocks : Intel Corporation (INTC)
INTC 41.67+2.9%9:39 AM EST

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To: Tony Viola who wrote (100772)3/13/2000 1:10:00 PM
From: niceguy767  Read Replies (1) of 186894
 
Tony:

Getting back to your post:

Re: "- Looking for $150 on the stock mid year now, had been predicted for year end."

Comment: Sounds like he could be talking about AMD here!

Re: "Q1 is very strong. Hot January continues into February, March. Q1 looks to be better than Q499 in revenues, or, no worse than equal. Q2 also looking very strong. No seasonal down this year. Corporations had slowed down in Q4, now buying heavily."

Comment: Once again, sounds like AMD...except if it were AMD, he'd have to point out that Q4 sales were up 35% while Intel's were flat to put the comment in its proper perspective.

Re: "- Niles feels OK with 50 - 60 multiple on Intel because that's still much lower than TI and Sun, and Intel looks to grow faster going forward than they do. Also, Intel did not keep up with the other semi stocks in 1999."

Comment: Seems to imply an 80 multiple on AMD would be OK...Hmmm Y2000 eps $4.00 to $7.00 with an 80 multiple...Makes one think that maybe the recent AMD runup is just the beginning of many similar runups throughout Y2000!!!
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