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Politics : Formerly About Advanced Micro Devices
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To: Daniel Schuh who wrote (126288)10/17/2000 1:11:10 PM
From: Road Walker  Read Replies (1) of 1580266
 
Daniel,

re: If you want to treat Intel like a mutual fund, maybe you should think of valuing it like a mutual fund. Which is, conventionally, at something like book value for the capital holdings. Expecting a 50x earnings multiple for cap gains is a head scratcher.

Intel Capital is only one division of Intel. Intel is obviously not a mutual fund. And have you looked at Intel's PE lately, I think it's about 26X as we speak.

John
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