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

To: Road Walker who wrote (131596)	4/4/2001 8:31:20 AM
From: GVTucker	Read Replies (1) \| Respond to of 186894

John, RE: As a point of reference Intel earned .97 in 1997; .51 in 1995, and the analysts think Intel will earn .66 this year, .97 next year. A year ago, analysts thought that Intel would earn $1.75 this year. Analysts started publishing 2002 estimates en masse just 3 months ago, and that short time ago, they thought that Intel would earn $1.35 in 2002. (At that time, the 2001 estimate was still $1.05.) IMO, trying to find a bottom in INTC using a PE ratio is a rather fruitless exercise, because nobody has any idea where the E is going to be.