Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.49

-0.7%

12:48 PM EST

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To: JDN who wrote (110738)	9/22/2000 5:46:26 AM
From: 16yearcycle	Read Replies (2) of 186894

"you already knew that we weren't exactly in pc heaven, right? " I guess you didn't read this part, or didn't know that the pc stocks futures were, ah....compromised. Jdn, INTC had no business having an enormous pe while selling the equivalent of tv's. THAT is my point. No whitewash. If you owned it, you are a moron and deserve to lose all your money. It had a peg of almost 4. 90 cent earning pace while it had a price of ~75. Growth of 20% in earnings, but barely above 10% in revenues. Remember when it was a good buy at a pe of 10? That would be a price of 9 bucks. In the old days, before huge growth potential was tapped and realized, a price of $20 on these numbers would have been absurd and you guys are bitching about 50! But the huge growth is in the past.

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