Intel Corporation (INTC) Message Board

STOCKTALK

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 : Intel Corporation (INTC)

INTC 42.84

+7.0%

12:14 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (131571)	4/3/2001 7:17:30 PM
From: Harry Landsiedel	Read Replies (1) of 186894

John Fowler. Re: "I thought we hit bottom several times, and was wrong. I wonder what other folks think." I think the buyers are still sitting on the sidelines. To give you an idea of what "value" buyers consider a good entry point, Bill Miller (Legg Mason) starts buying when a beaten down company hits 10 times cash flow. That's where he entered IBM several years ago and made a lot of money. Applying that to Intel, using a .73 EPS for 2001 and another .77 in depreciation/amortization, that suggests serious buying at around $15. Looking at Intel's recent history, for what it's worth, the low could be a little higher ($18-$20). Of course, if Intel guides down from the current consensus, it could go lower and if Intel surprises on the upside, it could be higher. But that's a couple of benchmarks, which would suggest we have a way to go. HL PS Mr. Miller also bought one million more shares of Amazon at $11, so his judgement may not be all that good or representative.:)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next