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Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

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To: Richard Tuck who wrote (38254)10/29/1997 1:06:00 PM
From: carl a. mehr  Read Replies (2) of 186894
 
You made your point. I do however take exception with point #3:

>3. Forward looking PE is 22, growth rate is about 10-15%.

Intels growth rate can be whatever they choose!
Without major competition they can make it whatever they want it to be, but in the long run: Would it be wise to squeeze too hard? It is a balancing act, and I feel that the profit margins will increase, as AMD becomes a small speck in Intels rear view mirror.

Does anyone know somebody that have bought a non Pentium PC lately?
humble carl
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