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To: Scumbria who wrote (22079)12/16/1997 1:31:00 AM
From: FJB  Read Replies (1) | Respond to of 33344
 
Scumbria,

Yeah, I love to argue.

RE:Intel was downgraded today to a "paltry" $3.50/share for FY98.

Intel is expected to earn $3.82 this year. I don't think the market has discounted a decrease in earnings into the stock price. I will have to take a look at their year over year changes in FCF to figure out what is really going on.

Bob