Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.38

+0.5%

Dec 22 3:59 PM EST

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To: Yaacov who wrote (25081)	6/22/1997 5:53:00 PM
From: William Hunt	of 186894

YAACOV Sure hope it is cooler where you are ! The reason I sold CSCO was the lack of : 1) the lack of definivite direction CSCO provides on where they are headed with new products - INTEL does a much better job of providing information of where they might be in two years . ( soothes my nerves ) 2) INTEL even with the P/E multiple (21) it has now and the reduced earnings that are projected has a target price of 175 by years end . If we have any enhancement of the PC market or INTEL introducing the new .25 micron processor in the 1st qtr it will be much higher . 3) Most analysts recomendations I have seen are short term hold or neutrals which can last from two - six months . Most retain there long term buy ratings. REGARDS BILL LONG INTEL

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