Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.09

-0.3%

2:47 PM EST

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To: Joan Osland Graffius who wrote (12651)	2/27/1997 6:32:00 PM
From: JB	of 186894

Joan et al, FYI the P/E for Intc....based on 4th q annualized earnings ($1,910M)....and today's closing price (say $139) is 16.3!!!! ....compared to a P/E of 24.4 for 1996. Thus, with zero growth this quarter/year....we're sitting on an unprecedented P/E = 16.3. Compare AMD + Cyrix combined gross income....profits....P/E....and all other financial data with Intc....which has a technical staff that include more than 1,000 well paid cpu design engineers....IMO....is a no-brainer. IMHO the game is not David & Goliath (there's no contest)....but traders vs investors. A game....where all good players win!. (Thank you Alan....I'm buying!!....to contribute my part to the "Wealth Effect" you are so concerned about.) GO TRADERS....DRIVE IT DOWN!!!!!....THEN BUY THEM CALLS!!!....all the way to 223+ (where P/E = last year's 26.2....based on 4th Q's earnings!). Appreciate any/all critque. Thank You

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