Intel Corporation (INTC) Message Board

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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: Richard Forsythe who wrote (4766)	11/4/1996 2:04:00 PM
From: Paul Engel	of 186894

Richard - Re:"PE of Intel at $78 vs $15? " Intel reported that net income was $1.97/share in 1974, with 10,016,000 shares outstanding. That makes their PE at 39.5 at the high, and 7.7 at the low. Quite a swing, I'd say! By the way, the $15.50 per share price in 1974, correcting for splits (10,016,000/880,000,000) computes to $0.188 per share. Quite a bargain, in hindsight! Paul

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