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Technology Stocks : Intel's "King of the soothsayers"
INTC 41.34-0.4%3:59 PM EDT

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To: jmac who wrote (60)1/8/1997 3:57:00 AM
From: Kevin OBrien   of 85
 
Perhaps I should have started another thread.

My perspective is that of an investor rather than a trader. The Intraday price is predominantly activity driven. Investment grade stocks are never overpriced, but may be under. The full price also varies over time with liquidity. My work extends over 25 years.

Trying to pick the fine movements is one for the chartist. I should be able to give a daily price, as I have been able to do elsewhere, when I have updated my research on this market. At that time I will do so to validate it.

Whenever I have encountered the valuation anomaly that I have now encountered and measured with INTC there has been a stock split. The mathematics are such that it possible to determine the issue of shares required to correct it. At present INTC appears to very undervalued.

Kevin O'Brien
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