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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST
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To: steve harris who wrote (173012)2/11/2003 2:37:05 PM
From: Dave Budde  Read Replies (2) of 186894
 
"Intel execs bailing at the bottom"

You make a rather bold assumption that this is the bottom. I think Intel has a long way to go down before it's a bottom. PE is still very high compared to its historical data. P/S is too high. A fair value for the stock in my opinion is $7.

Take a hint from those execs that are selling. It's going to get cheaper, much cheaper.
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