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

To: rx4pain who wrote (125264)	1/17/2001 3:40:02 PM
From: vegetarian	Respond to of 186894

I am a long term Intel Bull and have the stock for a long time and will hold it for a long time. However, I have no hesitation in accepting the fact the INTC can see much lower levels than what we have right now. One possible scenario is that INTC may go sideways around bet 30-40 for the next 4-5 months and then if the economy turns worse, could as well see the lower 20's and consolidate there for a year before then next upturn begins. Realistically, all I can speculate at this time is that INTC will very unlikely fall below 18 in this downturn. I am not saying that all these things will happen but one needs to be prepared and strong if they do and hold up and not sell it at the bottom. As someone (Think Paul) mentioned that this stock has been a hard one to hold and eventually those who made money have been long term holders. Another concern is the huge float that might slow down its rise during the next upturn. But this is an extremely well managed company that understands market dynamics well, adjusts to it well in a very flexible manner, and IMO will eventually have a trillion dollar market cap. The one thing that I look at positively about the downturn here, is that it will provide INTC time to get its other infant businesses in order after all the acquisitions and be prepared with the right expectations and right deployment of resources in those businesses for the next upturn. It is hard to predict how far and how deep the economic downturn will take us because we are still getting out of a bubble and hoping that Feds policies will help us out but even the non-tech stocks are currently very richly valued and one should not count on a quick recovery out of this, if it does happen that would be good and lucky for all of us.

To: rx4pain who wrote (125264)	1/17/2001 3:50:45 PM
From: Amy J	Read Replies (1) \| Respond to of 186894

RE: "Anyone think we'll reach 26 buy point?" If so, it'll be better than any price in the 40s, 50s, and 60s. More seriously, I think it could. If my calculation on earnings is correct, a price of 25 would put us at a PE that is within Intel's historical PE range. I do think INTC is a bit stuck in the mud until .13 happens and P4 hits volume. I bet it's going to be a long quarter or two. And then at some point in the future, Intel will suddenly just move fast, which is typical of INTC, and if you're not in, you can miss it. So, I don't bother guessing when - I just hold on for the long-term. Regards, Amy J