Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.72

+3.0%

Jan 14 3:59 PM EST

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To: BelowTheCrowd who wrote (171693)	10/21/2002 10:44:17 PM
From: Road Walker	Read Replies (2) of 186894

Michael, re: IOW, I would start accumulating a bit at a time starting around 12, and fully expecting that we might see 8... LOL, you would accumulate a stock expecting a 33% decline? Would you buy a $100 stock if you expected it to go to $66? The reason you would buy Intel expecting a 33% decline is that you realize the company has enterprise value beyond it's P/E or P/S. So does the rest of the market, or this negative growth company wouldn't be selling at a high PE. John

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