SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 233.29+2.4%12:50 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goutam who wrote (22322)12/14/2000 12:42:40 PM
From: Daniel SchuhRead Replies (1) of 275872
 
Intel stock price cheap? You must be joking theregister.co.uk

Goutama, I thought you might enjoy this minor exercise in due diligence picked up by the Register. Not quite up to your standards, but still somewhat entertaining. Especially the signoff.

Strip out non-recurring investment gains (a whopping $3.3 billion for the first
nine months of this year) and Intel's forward P/E rockets to 30, Auerback
reckons.

This looks expensive, considering that the last time Intel's average annual P/E
was 30 was in "1983 and from 1988 to 1996 (when the personal computer
industry was booming) the average annual P/E ratio ranged from 11 to 14", he
points out.

Now the PC industry is "stagnant and Intel faces a huge competitive threat
from AMD".

Auerback signs off by urging Lex to do its homework. "Just because this
nonsense about Intel is repeated endlessly by Wall Street analysts does not
make it true." ®


Cheers, Dan.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext