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

To: Jorj X Mckie who wrote (171687)	10/21/2002 3:22:05 PM
From: GVTucker	Read Replies (1) \| Respond to of 186894

Yes, bears do normally end with low valuations, and we're a long, long way away from there. Of course, we didn't get a normal bull market, so there's no reason that we'll get a normal bear market. Your original point, though, was this: " The point of the exercise was to use the assumption of absurd growth to show that at the current market price, the stock is still overvalued." I didn't and don't agree with that. If you use optimistic growth assumptions, then Intel is a pretty good buy here. If you use absurd growth assumptions, Intel is a screaming buy here.