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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST

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To: AK2004 who wrote (10445)2/7/1997 12:28:00 AM
From: Grim Reaper   of 186894
 
Albert lets look at it another way...

Coca Cola is a great company and trades at a high pe 40 plus and maybe 35 plus wrt next years earn..

INTEL is a great company and trade s at much lower multiples...

Coke makes SUGARRED WATER...drink a bottle or can and what does ones get ... a short term thirst quench, gas, and litter..

Make a new processor and each one brings long term mental quench, entertainment, increased productivity and development of more software and hardware that creates jobs,jobs and more jobs...

NOW which stock is overvalued and which is undervalued..

Also why did John Sculley move from PEPSI to APPLE....
Why did GERSTNER move from cookies to IBM....

INTEL 's price has none of its long term GOODWILL built in and when this mkt decides to value companies on more than just PE's you will see THE MULTIPLES expand on the technology leaders, MSFT is a bit of an exception due to the fact that the mkt realizes that Gates is such a genius and not only that but he is consistently brilliant that MSFT trades at a "HIGHER" pe than most...I feel that INTEL will reach that stage and it could double from here and be fair valued.
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