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Technology Stocks : Intel Corporation (INTC)
INTC 41.56+0.4%9:44 AM EST

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To: GVTucker who wrote (137961)6/22/2001 2:28:44 PM
From: maui_dude  Read Replies (1) of 186894
 
Re : "When valuations are high, like they are now, 15% would be an outlier at the far edge of the scale."

GV, valuations for semi stocks are very tricky to go by. When the market turns the earnings can triple or quadruple very easily.

BTW, if you aren't even expecting 15% growth for INTC, I dont understand why you don't write covered calls one year out and pocket 20-25% premium ? Your logic only if you expect Intel to drop significantly from its current level. do you ?

Maui.
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