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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: ian who wrote (4847)11/6/1996 9:24:00 PM
From: StormRider   of 186894
 
Making that much gain is nothing to feel dumb about. I don't think it's too late to get back in. I just kept watching this stock go higher and higher, feeling like it's too late. But I finally jumped in a couple of weeks ago at 107 7/8 and have not regretted it!! Especially since Prop 211 has been killed and Intel has started to release such positive statements again, this was an angry lion that was caged up and has JUST BEEN UNLEASHED!!!

I see fund managers and institutions just gobblin this stock up for months to come. Like an analyst from Smith Barney put it, everyone should have Intel in their portfolio.

Also, a p/e of 26 is not overvalued especially when the forward valuation of this stock will be "significantly" higher.
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