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Technology Stocks : Intel at $200
INTC 41.63+0.3%12:27 PM EDT
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To: Rob Rob who wrote (258)2/6/1997 11:15:00 AM
From: jim kelley   of 282
 
If the stock is down that much for two years, Intel can buy it back
with its enormous profits and improve its P/E even more.
I do not think that this scenario is likely in the current
situation.

Intel's stock can drop if its earnings/share drop so as to become
increasingly unattractive or if it is perceived that their earning
are going to drop. IMO, not likely.
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