Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: Lee Penick who wrote (38633)	11/3/1997 1:53:00 AM
From: Joe NYC	Read Replies (1) of 186894

Lee, Does anyone have "facts" as to why a p/e of 25 should be to high for Intel, considering the growth rate and positioning? When Intel resumes the growth, I thik the P/E will move up. There has not been much sequential growth last 2 quarters. Analysts predict the next couple of quarters will be flat to slightly up. It will not be much of a problem in Q4, because it will still be substantially up from '96, but if Q1 is flat, it will be flat year to year, and that is not a good news. Right now, Intel (and Sanders) are too preoccupied with trying to kill AMD to pay attention to improving earnings. Joe

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