Intel Corporation (INTC) 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 Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (53656)	4/16/1998 6:31:00 PM
From: Maverick	Read Replies (2) of 186894

do you still believe that INTC will see $67 or lower per share? I am considering diverting some of my cash that I have right now to buying a little more INTC if we see low $60's W/o a market correction, INTC could be in mid to high 60's. 98 P/E = 74.375 / 3.21 = 23 PEG = 23 /20 = 1.15 meaning that INTC trades at a P/E higher than its 5 yr growth rate indicating an overvalue situation. INTC's historical PE is between 10 - 18 in the last 10 years. It's too early to use the 1999 consensus EPS of 3.97 yet. Moving forward, the PC will not be the main driver for semi consumtion but communication, networking, info appliance will be. That's why Andy resigned to focus on finding new appls which may increase demand for more powerful CPU. Right now, a 400+ MHz CPU is overkill for probably 90% of users. In another word, there is no killer app. for the 400+ Mhz CPU yet. That's why INTC is facing a strategic inflection point for which they fail to forsee as manifested by the worldwide weak demand for CPU and the $1K - 1.5 K sweet spot PC. In addition, NW, I/O, graphics, memory bandwidth significantly lag behind CPU's power. Therefore, increasing the CPU power is not the answer as other subsystems are bottlenecks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next