SI
SI
discoversearch

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: GST who wrote (111018)9/23/2000 6:12:25 PM
From: Eric K.  Read Replies (3) | Respond to of 186894
 
Even if the difference is "just a few cents," do you wish to argue that having a company's growth rate cut in half (which appears to be a reasonable inference from Intel's preannouncement) does not reduce the overall value of the company by almost 50%? What p/e would you attach to a company with a nominal annualized growth rate of 3% (real rate = 0%)? Perhaps 5ish? Everything else is surplus value due to growth rate.

-Eric