INTEL SUPPORT GROUP - the sky is falling!!!! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!

INTC 37.04

-6.2%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zachary Fluhr who wrote (23)	3/13/1996 4:31:00 PM
From: Burt Masnick	of 248

Zack - One reasonable measure for PE of a growth stock is its growth rate. Simply put, if earnings are growing at 15% a year 15 is a good (for buying purposes) PE, if earnings are growing at 20% a year 20 is a good (for buying purposes) PE, etc. I would love to see INTC earn $4.50 this year. Compared to $4.03 thats about a 12% growth. For INTC to be worthy of a 15 PE it ought to earn at least $4.6x for the year. Having seen INTC pull a few negative surprises (memory price writedown) my confidence is less than it was a year ago. Giving them the benefit of the doubt they may have taken every possible piece of bad news in the last earnings report just to clean up future earnings reports. Let's say they show earnings of $1.25 in a supposedly "flat" next quarterlyu report. THEN its time to start thinking about $100. Cause then a PE of 25 is justified. At $6.00 for 1997 the stock will go through the roof. All of this is possible but lets see some good earnings reports, some insider buying, some hot product DELIVERY announcements before we get too excited. Count me hopeful but a little wary. BJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next