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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%3:59 PM EST

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To: Taby who wrote (72917)2/4/1999 9:57:00 PM
From: AHale  Read Replies (7) of 186894
 
U-R so clueless! You will NEVER see $150. You will, however, see $50, and sooner than you think. This ridiculous bubble will be bursting soon. Did you know that Intel historically has a PE in the mid-teens? Did you know that the last time Intel was showing these types of EPS numbers it was trading in the 40's? Do you really think Intel is still a growth company? Did you know that Intel is losing market share at an alarming rate, and the only way to hold on is to slash prices and reduce margins? Intel is priced WAY higher now than in 1995 when it was the only game in town. The glory days are over my friend. $150 is DREAMLAND. Reality is 90's, then 80's, then 70's, on down to 60's later this year. MARK MY WORDS!!!
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