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

To: gc who wrote (89425)10/4/1999 9:33:00 AM
From: Xpiderman  Read Replies (2) | Respond to of 186894
 
gc and all: I read the Barons (also known as "BearOn" ) negative article about Intel. Basically, the article mentioned Intel's P/E is too high, and its growth rate is not going to support the stock price.

I am sure the very same argument can apply almost any technology stock. But he failed to mention Intel is such a fine company with excellent financial health, not to mention its perfect management team.

Sure, some people will sell INTC because of the BearOn article, but for those long term share holders, this is just another buying opportunity.

-X



To: gc who wrote (89425)10/4/1999 5:50:00 PM
From: Robert Salasidis  Respond to of 186894
 
I quit reading Barron's a while back (about 3-4 years ago) when they raised the price. It is more or less not required when put in the context of the Internet and CNBC.

Most likely sensationalism is required to try to maintain their revenues.


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