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Technology Stocks : Intel Corporation (INTC)
INTC 37.32+1.8%Dec 30 3:59 PM EST

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To: Lee Penick who wrote (39128)11/6/1997 10:00:00 AM
From: pt  Read Replies (1) of 186894
 
Lee, re: "view on the companies financials and how you view the stock now?"

Stock price reflects market's view of company future; financials tell
you what happened in the past. Financials are only a starting point
to project the future. Tell me what next 5 years hold for INTC and
I'll use that to make some projections from financials! <ggg>

Stock looks cheap based on traditional measures, which reflects
current pessimism in market about INTC future. If market is
wrong, stock is a great buy at this price. If market is right,
it's not such a hot buy right now.

I hope market is wrong and merely over-reacting to Intel slow-down.
Sorry I can't be more helpful than that.

Paul

P.S. Yes, I'm a CPA and tax consultant; I haven't had to study
financial accounting rules in years, so I can't always answer
questions along those lines.
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