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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Thomas J Pittman who wrote (41240)12/1/1997 5:52:00 PM
From: Mary Cluney  Read Replies (5) of 186894
 
J, >>>I am really not thinking you are going to get to point where Intel trades at 30x year ahead estimates. It would be nice, i guess, but i wonder if i would even hold through that...i would probably be gone at 25x. <<<

I am also quite perplexed by this. Could anyone explain it to me. Who determines PE? How is this derived (what is the formula)? Why is AMAT at 25, Altera at 34, NSM at 25, MOT at 37 and INTC at 20?

Sincerely,

Mary

PS: Wiseguys need not respond
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