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

To: derek cao who wrote (41460)	12/4/1997 6:22:00 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

derek, >>>I prefer to think that in the final analysis the stock price determined by how well the company generate money not by wall street perceptions. If next year intel profit double and stock price drop 50%, I will still be happy but confused. On the contrary, stock double profit halve, I will be out intel in no time.<<< This is true to a certain extent. It is the subjective stuff that is causing Intel to be selling at such low multiple. Do you think there could be an analyst that trashes GE stock and can get away with it. The same goes for KO. If a Merrill analyst did to Ko what Krulak is doing to INTC valuation, Merrill's CEO would get a telephone call and the offending analyst would not be so arrogant again. Everything is not formula. It's about control, control, control. Mary