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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Paul Engel who wrote (48077)2/21/1998 9:22:00 PM
From: Mo Chips  Read Replies (3) of 186894
 
<<We are just rising out of a tech washout.>>

And if the price keeps going like it is, we are headed for another. Right now, estimates are for maybe 4 buck this year and $4.50 to $5 next. If INTC gets to $100 to $110 is is definitely OVER VALUED. And before you come back and bash the analysts, let me do it for you. They have it wrong, we'll be lucky to see $4 bucks this year and next, maybe $4.25...

INTC is a great company, but it is not worth 25x earnings 2 years out.

Mo
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