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: Thomas J Pittman who wrote (54509)	4/26/1998 9:09:00 AM
From: Mary Cluney	Read Replies (3) of 186894

J, >>>I think that a PE of 12 or so, as was the case in late 95 will be at least a possibility given the historical range<<< This is a frightening thought. I hope you aren't saying this just to scare us. You state this with such assurance and implied understanding of P/E ratios and their historic relevance - I am perplexed as to why you are not then alarmed at the other 5451 companies in the Nasdaq that are selling on average at a P/E of 82.26 (excluding Intel). My main point here is that if you are using P/E ratios for valuation purposes - you can't use it in a way that applies only to one company and convince people that it has some relevance. Even if you decided to apply your valuations based on the history of a sector of the market - in this case there are maybe three but probably no more than ten companies that designs, develops, and manufactures mpu's - is akin to drawing statistical conlusions about Willie Mays's future baseball prowess after his first twenty at bats. Mary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next