Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.95

-2.8%

3:59 PM EST

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To: Fred Fahmy who wrote (51284)	3/26/1998 12:26:00 AM
From: TTOSBT	Read Replies (1) of 186894

Fred, Re: "Have you worked through the math of what you are suggesting?? Lets assume you would like a P/E of 27 purely based on reducing the number of shares. For INTC to all of a sudden have a P/E of 27 you would have to remove about $450 million shares or about $35 billion worth at todays price. Does this seem realistic?? Just to take the P/E up to 21 (from today's approximate 19.5 P/E) it would take about $9 billion worth of shares. " Which is it $450 million dollars or 450 million shares? And no I haven't work it out. How many share outstanding do they have anyway? 16billion? TTOSSBT

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