SI
SI
discoversearch

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 Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Harry Landsiedel who wrote (4518)10/23/1996 6:21:00 PM
From: Smart Investor   of 186894
 
INTC will not get a PE of 25. The historical range of INTC PE is 8-22, and we are at the high end. Therefore, the upward potential in the short term will be limited, and the downward risk is much higher than the upward potential. I sold a portion of my INTC after earning announcement, and it proved to be the right move. There will be more correction in NASDAQ. What is happening now is very similiar to July. Another stronger than expected economy report will tank the stock market. Forget a lot of government numbers, if you do any grocery shopping or paid on salary, you know the inflation is much higher than reported by the government. I do not know how they got those numbers, but something is not right.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext