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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 43.54+0.1%10:21 AM EST

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To: Dom B. who wrote (17970)3/1/1998 2:21:00 PM
From: Stonehenge  Read Replies (1) of 27012
 
Hi Dom. I think the spending freeze is in anticipation of some belt tightening before the merger and the business of channel stuffing has already been refuted by several analysts including ML. They are smarter than I am so I believe they are probably correct but who knows? At any rate eps of $2.17 or $2.50 (Cowan) for 1999 means that the stock is trading at a low teens multiple x 1999 eps. Seems cheap to me and a slam dunk for patient investors but I have been wrong before.

Take care and check this out if you have a chance. OT

krypton.mankato.msus.edu
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