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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Paul Engel who wrote (4761)11/3/1996 1:33:00 PM
From: Richard Forsythe   of 186894
 
Hi Paul, do you happen to know the PE of Intel at $78 vs $15? My understanding is that back then PE's of 70 were not unusual in the Dow. Also, in 74, Intel must have been a small-cap and thus extreme volatility isn't quite such a surprise as it would be if it fell from $110 to $25 today.

Richard
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