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Technology Stocks : Intel Corporation (INTC)
INTC 40.03-1.3%Dec 1 3:59 PM EST

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To: rx4pain who wrote (125264)1/17/2001 3:50:45 PM
From: Amy J  Read Replies (1) of 186894
 
RE: "Anyone think we'll reach 26 buy point?"

If so, it'll be better than any price in the 40s, 50s, and 60s.

More seriously, I think it could. If my calculation on earnings is correct, a price of 25 would put us at a PE that is within Intel's historical PE range. I do think INTC is a bit stuck in the mud until .13 happens and P4 hits volume. I bet it's going to be a long quarter or two. And then at some point in the future, Intel will suddenly just move fast, which is typical of INTC, and if you're not in, you can miss it. So, I don't bother guessing when - I just hold on for the long-term.

Regards,
Amy J
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