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Technology Stocks : Intel Corporation (INTC)
INTC 43.75+0.6%3:59 PM EST

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To: Mark Pritikin who wrote (43844)1/4/1998 10:53:00 PM
From: Mo Chips  Read Replies (1) of 186894
 
<<Sure future growth is important, but trailing earnings are reality, forward is anyones guess.>>

So you buy a stock based on what it did yesterday? I'm a little different, I buy for tomorrow. I ignore trailing pe.

Buy the way, I agree on the risk with CSCO, however, CSCO's trailing earning has about $.50 in writeoffs for acquired R&D, so the trailing PE is misleading. CSCO is only trading at ~29x next 4qs earnings. High, but not that high.

Mo
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