Is Intel a $100 stock next year Message Board

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Technology Stocks : Is Intel a $100 stock next year

INTC 41.34

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3:59 PM EDT

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To: Burt Masnick who wrote (29)	5/16/1996 2:05:00 PM
From: Burt Masnick	of 58

if INTC will be a $100 stock in 96-97 its a buy right now, The question is what will cause the rise to $100 to occur. 1 - MMX looks like it will be a BIG hit. Will help sell a lot of home PCs. Impact starts sometime this fall. 2 - New Windows API for 3d graphics ( so you only have to write one version of the program regardless of whose 3D chip/card they have should be a big help for XMAS in 97. 3. Pentiums at 200 MHZ should put some zip in all Pentium sales as prices drop for 150, 166 Mhz versions 4. Pentium pro should start to see real serious sales as Windows NT with Win95 GUI hits sometime this summer. Big for business sales. 5. Might see some inroads in the Workstation area with P6 based workstations starting this summer. 6. RAM prices on the floor should make the PC box a couple of hundred bucks cheaper than the would have been. 7. All the buzz about the internet and the online services starts to hook more home users. 8. Spiffy multimedia titles expand attractiveness of PC. The only negatives are: a - Competitor chips - Not too likely. Even with a 50 buck wholesale price advantage, hard to buck established brands. Not too many people drink RC Cola compared to Coke and Pepsi b - A revived Apple - Need almost a biblical scale resurrection. Romantic story but this isn't the movies. I see Apple being bought at a fire sale within a year, probably by Sun. c - The famous $500 internet box. Hard to believe that the dumb terminal springs back to life. Even if it does occur, (which I strongly doubt) Intel will find itself in the dumb terminal (but with a much smaller profit margin). A long shot, but I will keep my eyes peeled for any indications of this. When I look at all the plusses and minuses I predict that INTC will earn $4.50 for 1996 and around $5.25 in 1997. If INTC is once again perceived as a growth stock the multiple should move over 20 and $100 is an easy milestone. Oh yes, I left out the other initiatives Intel is involved in including cable modems, slow scan vidoephone, flash memories, etc. I am guessing there will be a stock split this summer, with increased dividends. At some point in 97 there will be a tech bull market and I see INTC hitting $110 to $120. Just one long term holders opinion. Comments? Good investing to all. Burt

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