Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.76

-1.0%

10:26 AM EST

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To: ratan lal who wrote (35636)	10/14/1997 7:48:00 PM
From: davesd	of 186894

Ratan, with all due respect to INTC.....A large company with a PE of 24 is expected to have sequential earnings growth....IBM has been beating estimates and only has a trailing PE of 18. Also, their earnings will be - % next quarter compared to last year. I suspect that estimates for next Q will be revised to 90c area...last year they earned $1.06.....that's a big drop year over year and with the stock up 50% since then. Did INTC make any comments as to when things will be getting better?? dave

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