Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Charles R who wrote (62269)	6/18/1999 10:04:00 AM
From: Scumbria	Read Replies (2) \| Respond to of 1578499

Any bets on hitting $20 today? ;^) Will INTC drop below $50? Scumbria

To: Charles R who wrote (62269)	6/18/1999 10:13:00 AM
From: kapkan4u	Respond to of 1578499

<Chuck - re: Right at the bottom it talks about "Mark" thinking Intel is undervalued. OK, let's see, he downgrades the stock two notches (from Strong Buy all the way down to Outperform) and thinks the stock is undervalued.> Morgan Stanley Dim Witter analyst Mark Edelstone is trying to protect his reputation and his clients at the same time. Unfortunately for him these are contradictory goals at this time. Kap.

To: Charles R who wrote (62269)	6/18/1999 10:15:00 AM
From: A. A. LaFountain III	Read Replies (2) \| Respond to of 1578499

Chuck: re "downgrades the stock two notches " Actually, I believe that the MSDW rating system is Strong Buy/Outperform/Neutral (or Hold), so it's only a one notch drop. But that doesn't detract from your valid question about "undervalued." If the EPS estimates are lowered to $2.25 and $2.55, that's a 13% growth rate. At $55, the P/E is 21.6x or a 50% premium to the growth rate. Undervalued seems a bit of a stretch. Might get there, though! - Tad LaFountain