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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (19776)11/27/2000 2:38:26 PM
From: Ex-INTCfan  Read Replies (1) | Respond to of 65232
 
UF, mostly a value play -- I've been reducing the risk in my portfolio. Very low PE; earnings growing quickly. Stock selling at 17 with estimated 2000 earnings of 1.14 and 2001 earnings of 2.40 or more. Stock is out of favor with the rest of the chip sector. Stock has huge short interest. Bob Walberg Briefing.com is hot on it, and he tends to be fairly conservative, but like all of us he makes mistakes. Caveat emptor -- there are some legal issues and some questions about whether growth is sustainable.

Chase H&Q has a $50 target on the stock. See Message 14646953

INTCfan