SI
SI
discoversearch

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.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Nevin S. who wrote (85111)7/8/1999 7:57:00 PM
From: Harry Landsiedel  Read Replies (1) | Respond to of 186894
 
Nevin S. Re:"Lehman lists INTC as one of top ten uncommon values"

Thanx for posting the Lehman link. The part that stood out in my mind was the following

"Intel's stock remains undervalued in our view, as it is selling at 30.1x trailing earnings for a trailing multiple relative to the S&P 500 of 1.0. This falls at the low end of a historical normalized relative range of 0.8 to 1.4." At the "normalized" high end Intel should be selling for 91.

This next bit blew me away:

"It is selling at about 1.2x its long-term growth rate while the S&P 500 is selling at 3.7x its long-term growth rate." If Intel matched the S&P 500 number, it would be selling north of 200. I find it hard to believe that the S&P could be that overvalued. BWDIK

HL