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


To: Joey Smith who wrote (47178)2/4/1998 3:41:00 PM
From: Road Walker  Read Replies (2) | Respond to of 186894
 
Joey,

Agree with all you said, except I think that maybe we will need some analysts to raise their estimates if we are going to go up substantially from here, to new highs. Intel's current guidance doesn't support much higher prices at historical PE's, at least for a sustained period of time.

Still, YOU have to be happy, I remember several times when you picked up some shares in the low 70's. Much more comfortable than buying at this level, isn't it? Took some guts at the time though, I know, I did the same.

John