Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 43.49

0.0%

10:50 AM EST

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To: SisterMaryElephant who wrote (43792)	1/4/1998 9:35:00 PM
From: Mo Chips	Read Replies (2) of 186894

<<And yet Intel's stock price went from the mid 90's to low 70's or roughly 20-25%.All things being the same, I think you may have pointed out how grossly oversold INTC has been.>> Next years estimates are for a meager ~9% rise in earnings. At 17x next years earnings I'd say this may not be the case. I think unless there are surprises out there, we could easily see a fall to the 60s or even the $50s... Mo

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