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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Uncle Frank who wrote (70648)1/7/1999 11:04:00 AM
From: Tony Viola  Read Replies (2) of 186894
 
Frank, Re: "To All: Can anyone recall the highest p/e intc had during its great run in 1996-97?
Not that trailing p/e's mean anything when they're in a high growth phase, but I
wanted to see the multiple the market was willing to allow."

You could see that on a chart of INTC on "Big Charts", one of the "Quick Charts" web sites. Unfortunately, I can't get to it right now, which is often the case with that site. I'll keep trying when I have time. On the right hand side of the "normal" charts on Big Charts there are three buttons. If you click on the top one, I believe, it plots the P/E ratio under the stock price over time ranges up to ten years or so. Man, a picture is worth a thousand words. Anyone else get to Big Charts? As I recall, current trailing P/E is in record territory. P/E based on 1999 earnings (the new mid 4 dollar ones) may not be in record territory.

Go 9ers!

Tony
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