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Technology Stocks : Intel Corporation (INTC)
INTC 37.46-1.0%10:26 AM EST

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To: wanna_bmw who wrote (155530)1/15/2002 5:13:49 PM
From: Jim McMannis  Read Replies (2) of 186894
 
RE:"stocks like YHOO, AMZN, and AMD are allowed to have astronomically high or even non-existent P/E ratios, but as soon as Intel gets about 40 or 50, people start screaming that it's overvalued - even in the face of one of the worst years ever for the tech industry."

AMD typically carries a lower PE ratio than Intel. AMD is currently 44 and Intel is at 65.

The old fundamentalists used to do an average PE over time and sell and buy at deviations above and below it but in the last few years that kind of went out the window.

Jim
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