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Technology Stocks : Intel Corporation (INTC)
INTC 43.75+0.6%Dec 3 3:59 PM EST

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To: L. Adam Latham who wrote (170663)9/6/2002 12:45:21 AM
From: Eric K.  Read Replies (1) of 186894
 
Re: Intel's P/E ratio should be higher for a company growing GAAP earnings at >100%.

Care to make a wager that between Q3, 2002 and Q3, 2003, Intel will grow GAAP earnings at > 100%? Stop bsing that a couple quarters of high growth in earnings (due to an accounting fluke) somehow form a basis for attaching a valuation-- it's an infantile argument. We're not sitting in BubbleLand 2000 anymore.

-Eric
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