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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (7825)11/25/2001 3:39:00 PM
From: orkrious  Read Replies (2) of 99280
 
I would not be surprised to see INTC bouncing against $50/share late next year. Will it be"worth" that much? Yes, if that is what the market says it is worth (g). What trailing PE will it be? Between 60 to 80.

My guess is the run to 2900 and your guess on INTC will be like your guess about the rally in the summer of 2000 (I think it was the summer, or was it the fall?) when you were overoptimistic. Your bear calls have been spot on, the bull calls weren't bad, just a little too "heady."
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