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Technology Stocks : Intel Corporation (INTC)
INTC 38.16+2.5%Nov 7 9:30 AM EST

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To: American Spirit who wrote (133014)4/20/2001 11:20:48 AM
From: Joe NYC  Read Replies (1) of 186894
 
AS,

I disagree. INTC could go 20% higher. Wait for 37-39. INTC still has a low PE and is a must-own for the major indexes.

Inte is now ($31.91) trading at forward PE of just short of 50, with forward earnings estimated at $0.64.

Is PE of 50 low in your opinion?

Joe
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