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

To: xristy who wrote (89259)	10/2/1999 1:12:00 PM
From: jmac	Read Replies (2) \| Respond to of 186894

My take-- market manipulation at its best. It will work and INTC will gap down 2-3 points on Monday unless some analysts come to the rescue as they did for DELL n Fri. However, it should be noted that all the major cap tech companies trade at much more than 1.5 times their growth rate for earnings. MSFT, CSCO, WCOM, SUNW to name a few. Last, I believe they are wrong about INTC's earning's potential. The whole premise is "if something goes wrong" with Intel's strategy and the internet growth slows down. Well, I can't speak for Intel not making mistakes (they seem to make their fair share) but I doubt the internet growth will slow down and people have been predicting that for quite some time. That's my take. I refer to Barrons and Bearons. I can't remember a positive article on a high tech stock.