Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

3:59 PM EST

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To: Barry Grossman who wrote (4192)	10/15/1996 6:42:00 PM
From: Steve Della Rocchetta	of 186894

Barry, There are 888 million shares of Intel outstanding and at today's close these shares are worth $98.679 billion. This is more than 5 times value to trailing 12 month sales and nearly 7 times price to book value. At 150 the market cap is $133 billion and at 200 it is $177 billion. Unless you think that the company is going to double sales and profits in the "short term" there is no historical perspective for these targets. As a shareholder I would like nothing better than to see the stock at 200. I suggest that investors consider the events of only last year at this time when Intel proceeded to hit the high 70's, low 80's, a new all-time high, only to pass through 50 on the way to 111. It is just as likely this stock goes back to 80 or 90 before is moves ahead as opposed to a straight advance to 200. Steve

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