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


To: REH who wrote (47169)2/4/1998 2:10:00 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
REH, Stockman,

Considering that Intel is selling at almost 21 times consensus 1998 earnings, which do you think will change to allow Intel to trade significantly higher:

the estimates will be raised
-or-
the PE valuation will go beyond it's historical range?

I'm enjoying this rally as much as anyone, but I wonder how much farther Intel can go based on *current* fundamental expectations.

John