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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST

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To: Harry Landsiedel who wrote (103114)5/3/2000 1:00:00 PM
From: Road Walker  Read Replies (1) of 186894
 
Harry,

One thing about Intel investors, they don't waste a lot of words or bandwidth on idle chatter.

re: ""Bryant also took notice of Intel's need to double its server volume every year since 1997, as well as the need to replace and upgrade 38,000 PCs inside the organization in order to best take advantage of greater bandwidth and new e-business software.""

Bryant gave a great lecture on how the Internet can make companies more profitable, using Intel as an example. One of the many highlights.

I know you are concerned about valuations. One point of reference, as of this past Friday, the S&P 500 was up 8.7% for the previous 12 months. In the same period, the PE for the S&P 500 declined from 35.76 to 31.42 (-12%). The value of earnings for the 500 largest US companies has actually declined in the last year.

John
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