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


To: Road Walker who wrote (102257)4/13/2000 11:43:00 AM
From: Harry Landsiedel  Respond to of 186894
 
John Fowler. Re: "Intel recent multiple expansion is the result of one or both of the following: 1. Improved prospects for growth 2. In sympathy with the multiple expansion (mania?) for all tech stocks."

I agree, but the two possibilities could lead to radically different outcomes. Like you 4/18 will be very revealing, particularly the guidance for Q2 and beyond.

The point of my analysis is that the high targets most analysts are giving Intel are inconsistent with the EPS projections and long-term growth rates. That is cause for concern and caution.

HL