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Technology Stocks : Intel Corporation (INTC)
INTC 35.56+0.1%11:26 AM EST

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To: Andy Chen who wrote (2599)7/25/1996 2:04:00 PM
From: Paul Ljosdal   of 186894
 
Andy:

Why should Intel be trading at 8-9 P/E???????

Intel has 85-90% of the market, Its sales grow in the 15 to 25% range year over year. The margins haven't been below 40% since who remembers when.

Actually I think a P/E of 20+ would be more in-line.

Paul - Escondido,CA
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