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.

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

To: Michael Bakunin who wrote (97336)	1/24/2000 2:17:00 PM
From: Robert Douglas	Read Replies (1) \| Respond to of 186894

"IABG year-over-year revenues and profits were flat last quarter. Flat performance of the core business of a stock trading at a P/E of 40x is not extraordinary, it's so-so. Ordinary. Mediocre." Oh I see, Intel's results are only ordinary when compared to their own prior performance. It's like saying Michael Jordan had an ordinary year because he won the NBA championship but Karl Malone won the MVP award. I can live with that. Yes Intel's revenue growth last year (+12%) was much below the years immediately preceding 1997. But to say that this makes its business mediocre is silly especially in light of the tremendous levels of profitability that Intel achieves. Of course I see you've qualified your original assertion and are now saying it is only mediocre in light of its P/E. I will accept your modification because your original statement was truly untenable.