Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.34

-2.6%

3:59 PM EST

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To: Ibexx who wrote (71313)	1/13/1999 1:37:00 AM
From: DavidCG	Read Replies (2) of 186894

Anyone looking at SEAGATE and INTEL? No, I'm not in SEAGATE... but if hard drive sales are this incredibly strong (to blow the crap out of estimates). Certainly, demand for Intel chips WILL be strong in the first quarter. All techs about to get their due tomorrow. If you think not... you are living in a fantasy world. Strong earnings, strong (I mean HUGE) margins, Pentium III's right around the corner, tech earnings this quarter STRONG, INTC stock being bought back in huge quantities. 1.19 X 4 quarters = $4.76 $150 / 4.76 eps = P/E of 31 Compare that to AOL with a projected P/E of 125 by years end. -DavidCG

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