Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 34.50

+2.6%

Nov 21 3:59 PM EST

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To: Sonny McWilliams who wrote (22280)	1/7/1999 7:42:00 AM
From: William Hunt	Read Replies (1) of 27012

Sonny -- Good Morning --- Barton Biggs was quoted yesterday as saying we are in for a 20 % correction due to the big run-up in the technology area . He is from the same firm that has a strong buy on Safeway --the grocery chain that we had talked about . Safeway has a P/E of 38 per Yahoo while MSFT has a P/E of 70 . Which one is overprice ? Also which one would you own for the next several years ? BEST WISHES BILL P.S I think I know the answer

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