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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: Patrick E.McDaniel who wrote (8143)1/14/1997 5:16:00 PM
From: Valueman   of 186894
 
I think you all need to step back and take a closer(unemotional) look at yourselves. I do not own Intel, but if the company says that they will have no growth next quarter, and flat to shrinking margins, then that tells me to be pessimistic. You don't pay outrageous P/E's for a no growth company. The market is a discounter of future earnings, and the discounted value right now is about 130. That is just my unbiased opinion. Also, take a look at warnings from Best Buy on extremely slow computer sales--or the myriad of others who have warned of a slowdown. Good luck to all.
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