Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 33.62

-4.2%

3:59 PM EST

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To: Elmer who wrote (110815)	9/22/2000 8:51:13 PM
From: sea_biscuit	Read Replies (1) of 186894

Intel is still going to show growth, 3-5% over Q2. This is hardly a disaster, except for the share price. Well, that would translate to an annual growth rate of 21% or so. And the PE was 54, before the recent decline... It's always true that when stocks are richly valued or overvalued, small changes in earnings/revenue numbers will cause large changes in stock price. Look at LSI, a 3% shortfall in revenues, and the stock was taken to the woodshed and shot! It lost 40% within the space of 24 hours...

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