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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%3:59 PM EST

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To: Mary Cluney who wrote (48352)2/23/1998 8:00:00 PM
From: Harry Landsiedel  Read Replies (1) of 186894
 
Mary Cluny. RE: "Kurlak is also a nightmare for long term Intel investors - as a certain amount of his negative spin will inevitably linger to depress share prices for a long time to come."

I find it personally comforting that Intel has a lower PE than all the overvalued momentum stocks. Since I plan to hold it forever, I like knowing it's undervalued.

Remember, long term the market is a weighing machine. Intel's valuation will catch up to its underlying franchise value. If you are a long term investor, you will reap the rewards. If you're short term oriented, you could lose out.

HL
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