Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

3:59 PM EST

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To: Jimmy Parks who wrote (3868)	10/8/1996 7:48:00 AM
From: Fred Fahmy	of 186894

Jimmy, <<IMO Intel should drop to below $80 a share by 12/31/96>> Another ridiculous prediction, not that we haven't heard them here before. We are quite use to it. A price below 80 would be equivalent to a P/E below 12 based on 1997 earnings estimates. As for insider selling, why don't you tell us something new? We heard the same stroy about insdier selling when the stock was in the high 60's. I guess they should have waited <G>. Just another example of how insider selling can mean so little. I find your comments very amusing but then again it's very easy to smile when you are holding INTC long. Some of us here have vision, some of us are clueless. Care to guess which ones are making money on INTC now? FF

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