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

To: Petz who wrote (38288)	10/29/1997 2:44:00 PM
From: Diamond Jim	Respond to of 186894

Re: with a PE of 15 like it deserves. With a deserved PE of 15 and a huge profit, what should the PE be of your favorite stock (your words) AMD be with HUGE losses every qtr ? techstocks.com jim

To: Petz who wrote (38288)	10/29/1997 3:31:00 PM
From: carl a. mehr	Respond to of 186894

John, If you think that Intel is heading for 60, you would be a fool not to short that turkey! Good luck, humble carl (very long Intel)

To: Petz who wrote (38288)	10/29/1997 4:18:00 PM
From: Mary Cluney	Read Replies (3) \| Respond to of 186894

John, >>>In retrospect, Tom Kurlak was RIGHT! Intel is 81.5 now. Where was it when he lowered his opinion? Intel will soon have 3 consecutive quarters of lower profits. For the 4th quarter to have lower profit than the 3rd quarter will send the stock down to 60 with a PE of 15 like it deserves.<<< That's one jaundiced way to look at it. Here's a far healthier way to look at it(from current issue of Fortune magazine): >>> Intel is already sitting pretty, holding an 80%-plus share of the market for microprocessors that go into PCs. That dominance has made Intel one of the most profitable companies on earth: For the nine months ended in September, it made $5 billion on sales of $18 billion, and appears to be on track to rack up more than $25 billion in annual sales. But margins have shrunk slightly in recent quarters because of competition from Pentium clones; a new high-end processor would give Intel a boost by broadening its markets. AMD's Dham is only half-joking when he says: "Merced will ensure Intel's dominance of the microprocessor business for the next 50 years." <<< If one of the most profitable companies on earth is worth a PE of 15, what is AMD worth. Don't tell me AMD is priceless because it has no earnings. Mary