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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Fred Fahmy who wrote (73412)	1/13/2000 12:23:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Fred, I prefer to look at no growth since 1997 while the stock price has roared. And eps distorted by the internet hedge fund that part of Intel has become. I have no problem with internet hedge funds. I just don't think their experience with internet stocks is sustainable. Doing something right is, IMHO, not enough for a 40 pe ratio. Doing everything right, such as not letting Apple and AMD kick them out of monopoly status and not losing the notebook war, might deserve a 25 pe. But a growth stock has to grow and Intel has not done so for a very long time while its stock has roared up in price. Of course, if you say it is cheap vs. Amazon.LosingMoney, then I have to agree. But Goering was nice compared to Hitler, so it isn't much of a comparison. <g>