Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: scott ko who wrote (4194)	10/14/1996 9:17:00 PM
From: Stonehenge	of 186894

Intel will go up and down as the market moves up and down but the long term (and the short term) direction on Intel is up. At 114 it is still undervalued relative to its eps estimates of $6.5 for 1997 which it is sure to beat if this quarter's numbers are any indication of future performance. I am in at $31.5- 66. range, continue buy small amounts every month through their DRIP and expect to retire in 10 years or so with the profits I have made. I have well over a double in less than 2 years and expect at least that much in the next 2 years. Yes you can buy now if you have the stomach to stick it out when the lemmings take profits. Remember the shorts have to cover too. That means addtional buying and upward pressure on the stock. I love the earlier prediction of 400-500.

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