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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Jules B. Garfunkel who wrote (105286)7/6/2000 12:28:20 PM
From: Harry Landsiedel  Read Replies (1) of 186894
 
Jules B. Garfunkel Re: "I am of the opinion that Jonathan Joseph...as well as Drew Peck, consistently spew misinformation." I think you're right. It seems the focus is on making a name for yourself vs. ferreting out valid information and doing your homework.

This becomes a bigger issue for Intel as its valuation increases. Sudden changes in sentiment create outsized moves in the stock. These are easy to weather when the company is undervalued, but it's hard to argue that Intel is undervalued here. Consequently, it's harder to figure if big moves down in stock price are due to valuation concerns or just the normal fibrillations of the market.

Are you concerned at all at Intel's historically high PE? I have my own theory, but I would like your opinion, if you have one.

Thanx. HL
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