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Technology Stocks : Intel Corporation (INTC)
INTC 44.06-3.2%3:59 PM EST
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To: Road Walker who wrote (137978)6/22/2001 4:59:25 PM
From: GVTucker  Read Replies (1) of 186894
 
John, RE: And you don't seem to want to address the original question. If Intel's earnings return to 2000 levels, which is not out of the question for a cyclical company, isn't it reasonable to assume the stock might appreciate 15% in the next year?

That question wasn't posed to me.

If Intel's earnings return to 2000 levels, 15% is certainly reasonable for the next year. I never said that 15% in the next year isn't reasonable. Heck, if Intel's earnings return to 2000 levels, returns should be even better than that.

My issue was with the notion that 15% a year for the next 5 years should be expected.
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