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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: Mohan Marette who wrote (48928)2/26/1998 4:18:00 PM
From: Jim Patterson  Read Replies (5) of 186894
 
re: <<<My question is whether they are going to make any money if they have this order from CPQ or are they >>>

Mohan,
You are missing this market.
AMD does not have to actually make earnings now, As long as units and revenue go up, Than would imply taking share away from INTC. Extrapolate that out 2-5 years and then discount the EPS to now using 5% and you have a stock that is trading at only 20 times 2000 EPS and sticking it to INTC.

I figure that could get the stock back to at least $30. Most likely if any of these rumor flames can be fanned then the stock could go to $40-42, its august peak. Technically it may get tough after that.
Just on a rumor.

I don't think this will hurt INTC, as that stock is in an uptrend that would indicate that all the bad has been discounted and if anything else comes out, as long as it is blamed an Asia, it can be ignored and thrown into the discounted items pile.

Jim
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