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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 46.96-2.8%Jan 16 9:30 AM EST

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To: Stonehenge who wrote (9687)9/14/1997 10:21:00 PM
From: Sonny McWilliams   of 27012
 
Stonehenge, Msft, GLM. But is Msft not about a 50 PE. Intel has a 20 to 25% growth rate and what is it's PE?

I guess you are reading that article in the mean time. gg.

GLM had a big rise but not as big as the rest of the drillers. Sonki just said it has a growth rate of 34% and I believe it has a PE around 18. I put this stock on 3 weeks ago when it was 25. What takes you all so long? gg. Now you are on your own. There was a little profit taking at the end of the trading day, so it may pause a bit. I don't know exactly what that 300 Mill. offering is going to do on Tuesday. It should not adversely affect the stock. This is not quite new news and the stock has gone up about 30% in the last 3 or 4 weeks. Long term it should do fine. Elizabeth MacKay of Bear Sterns has it a buy for several weeks. I am just riding the wave on this one. Oils can be fickle but for now drillers seem a good buy. Go to the oil driller thread and check it out, there are more drillers discussed. Sonki put the thread on after midnight. I am also looking into Noble drilling. The PE is still reasonable too. If I buy, I let you know.

Sonny
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