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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: L. Adam Latham who wrote (110641)9/21/2000 11:02:37 PM
From: WTSherman  Read Replies (1) of 186894
 
<So unless I'm doing my math wrong, Intel appears to be getting punished by 33% from it's recent highs for a 1.4 cents/share shortfall in Q3. <

At $60, the stock had a PE of 55, which for INTC is historically, extremely high. Whether its INTC or any of so many other pricey stocks they are all priced to perfection, no perfection and the balloon deflates pretty quickly.

Wait until the full impact of $35 oil is felt this winter...
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