Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Penick who wrote (42080)	12/12/1997 5:26:00 PM
From: Eugene M O'Donnell	Read Replies (2) of 186894

Lee, I think you should keep in mind that fear is as strong as greed. Many people think that since the Asian economies have taken a dive, they will no longer buy any PC's next year. Not only that, but no one will ever build any wafer fabs again, since the Koreans are obviously up to their collective backsides in debt, and won't be able to buy all that nice AMAT equipment. I bought AMAT when its PE was 16 thinking it was a no-brainer. I subsequently dropped to 12, which was sickening, but then popped up to PE of 40 (at its peak this summer of a post-split $40/shr). Too bad I sold on the way up at a mere 50% profit. The point I would make is that INTC will definitely earn at least $4.00 a share next year, and more like $5.00. It will rebound as this becomes apparent, and if you buy it now you will look like a genius. Unfortunately, you may see 60 on the way to 100. That is the nature of the market beast. Food for thought, GENE

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next