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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST
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To: Tenchusatsu who wrote (167378)7/3/2002 1:25:15 PM
From: Augustus Gloop  Read Replies (2) of 186894
 
How can you call it hindsight voodoo? His comment came well before this most recent leg down into the 16's. Furthermore, he had no tactic as I see it. It was an FYI post based on technical analysis. Simply because it doesn't jive with your belief doesn't mean its Voodoo. If you look at that 12 number it doesn't seem out of the question and here is why. I believe 12 would put INTC at about a 20 pe. That seems reasonable for a company that currently is not growing their EPS. In fact....it could even be high. That doesn't impugn Intel nor does it mean its a bad company. It simply means that companies cannot be valued on name recognition. They must have earnings growth as well. While you may not agree with his conclusion don't be so arrogant as to dismiss his logic as if yours was the only opinion that is right.
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