Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.49

+0.9%

3:10 PM EST

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To: GVTucker who wrote (153420)	1/1/2002 12:10:08 AM
From: ild	Read Replies (1) of 186894

<<even if tech collapses, it won't go away>> GV, I think you are talking about tech stocks but people may think you are talking about collaps in tech businesses. Many people think that if a company has a P/E of 10 it's not good for it's business. In 1989/1998 INTC had average P/E of 14, P/S of 3.2 and it was growing its sales 30% a year. Now - P/E of 75, P/S of 8, no revenue growth for a few years. Intel is a good business, it's not collapsing, but the stock is overpriced.

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