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Technology Stocks : Intel Corporation (INTC)
INTC 49.09-0.3%2:47 PM EST

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To: Sam Citron who wrote (6843)12/24/1996 9:58:00 PM
From: Phil Ancona   of 186894
 
To All: Everyone is talking about Intel $200 and that's what is worrying me. Inel Has never traded at 25X and is unlikely to do so in the future. Look at group sector analysis and you'll see that Software cos trade at 25X, not hardware cos. Even at $9/sh, I would expect a price of 17.7X, or 160. This is not such a huge move from here. Just one man's opinion. Anyone out there agree???
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