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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Joseph Pareti who wrote (155683)1/16/2002 10:21:03 AM
From: GVTucker  Read Replies (2) of 186894
 
Joseph, RE: merril flynch valuation sh!t AGAIN

Nothing in your link says anything about Merrill Lynch being negative on Intel as a result of the capex. In fact, Merrill Lynch continues to have its highest rating on Intel. And in regards to the capital equipment makers, the lower capex number is indeed a negative.

You seem to imply that you think that Merrill Lynch should ignore valuation for some reason. They tried that in 1999 and 2000, and it didn't work too well.
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