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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 3:59 PM EST

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To: StockMan who wrote (37671)10/27/1997 12:45:00 PM
From: Thomas M.  Read Replies (1) of 186894
 
INTC is at a historically high valuation level. Clearly, the market believes that INTC has leveraged its position in the MPU market to a level of long-term profitability that it did not have before. That is, it has left the competition in the dust. I am not taking either side of this bet, though I'm a sideline skeptic.

Tom
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