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Technology Stocks : Intel Corporation (INTC)
INTC 49.92+3.4%10:26 AM EST
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To: wanna_bmw who wrote (153373)12/31/2001 2:42:25 PM
From: bambs  Read Replies (4) of 186894
 
I admit that INTC's actual earnings may have bottomed with the report of this quarter. I expect a report of near 2 cents or less for actual earnings. That will put the P/E of intc over 200 for 2001. I think that the p/e should be around 20 for intc. normal earnings will likely come in around 30-40 cents after the rinse of this year and next year. so call it a $6-8 dollar stock. $10 if you are really optimistic.

Bambs
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