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Technology Stocks : Intel Corporation (INTC)
INTC 50.25+4.1%9:39 AM EST

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To: Jeffrey Chan who wrote (4136)10/14/1996 5:32:00 PM
From: Michael Berkel   of 186894
 
To all the potential sellers tomorrow or during the rest of the week.

A company with a growth potential like Intel deserves a p/e of at least 25. Compare INTC with MSFT...yes, don't flame me, I know that on a historical basis software companies have a much higher valuation than semi's etc.
Nevertheless, the Street loves companies with a steady, consistent earnings growth pattern and in less than no time, they'll kiss INTEL with a 25-28x earnings reward.

Do your math now and come up with a price target for the end of the year, beginning next year..and bear in mind that next quarter will be darned good as well.

Love to hear your comments.

Michael Berkel
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