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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: Hightechhooper who wrote (124827)1/12/2001 10:36:41 PM
From: Tony Viola  Read Replies (2) of 186894
 
HTH, >>I think I saw somewhere that Niles was on TV after the close today and said INTC could go down 50% from current levels because things will get worse this summer.<<

Not exactly. The report of it I saw said he said that Intel's valuation during the last cycle low was 50% of what it is now, so the stock could go lower. Slight difference.

Actually, he's wrong. Intel's PE low for the last four years looks about 15, and it's 21 now.
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