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Technology Stocks : Intel Corporation (INTC)
INTC 37.32+1.8%Dec 30 3:59 PM EST

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To: jmac who wrote (10407)2/6/1997 9:36:00 PM
From: jaypeter   of 186894
 
I'm in total agreement with your qtr. estimate, I personally think along the lines of near $2.50. Any idiot (analyst) knows that Intel's only problem is not being able to keep up with demand for just about all it's product lines. All of its employees are on manditory overtime. When Intel did'nt raise prices on it's high end chips it kind of told me that there was going to be a little more revenue, wider margins, and record earnings ahead. Every idiot (analysts) is looking for companies with expanding revenues, profits, and margins with low PE's. I can see why they downgraded Intel, it most certainly doesn't fit any of those profiles! By the way, why would'nt you have bought April 160's?

Regards JP
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