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 38.52

+0.9%

3:18 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: saju chacko who wrote (61531)	7/30/1998 9:00:00 PM
From: Harry A. Smith	Read Replies (2) of 186894

I have never viewed Intel as a growth stock. I have always looked at it as a cyclical, currently in an up cycle. Alas, it is very hard for me to value it any higher than at its historical P/E of about 10. So to buy this stock as a long term investment at its current valuation, would make absolutely no sense to me. The "holding risk" for me is to the downside as I expect it to revert to its historical mean and then some. I am a contrarian, so the story on Intel is old news to me. I mean everyone owns it, the only thing is how much more money they will throw at it. Intel will burn up a lot of its free cash reserves in stock buybacks, and future acquisitions to keep the game up; it is the "prima facie" BULL MARKET indicator, and it won't go down easy. The political, and economic considerations will be enormous. Eventually it will be forced to borrow money, right before the bottom falls out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next