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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: robert duke who wrote (5595)11/21/1996 10:09:00 AM
From: d[-_-]b   of 186894
 
Split price for Intel, let me look into my crystal ball.....

Well, if corp america buys big in the next two quarters, by April or May earnings estimates may approach $6.50 for the next four qtrs. So using 22 p/e we get about $143. So give or take $10 bucks I think it's ballpark.

The frenzy for Intel right now is a little discouraging for buying opportunities, but there's mmx coming. I've heard rumors it may not be ready, or buggy, or require to many clock ticks, etc. So maybe we have a "Pentium bug" opportunity coming. I doubt Intel would make such a big mistake, but I love overhyped bad news to scoop up a bargain.
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