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

To: Bazmataz who wrote (47272)2/5/1998 3:30:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 186894
 
How about profit-taking? Mostly perhaps by traders.Nothing to worry about,besides it gives people a chance to get in if they 'wanna.'



To: Bazmataz who wrote (47272)2/5/1998 4:28:00 PM
From: Diamond Jim  Respond to of 186894
 
re:Anyone want to comment on why Intel couldn't sustain it's rally today? Was up 3, now even.

Well with an EPS est of 4.00 being a very popular opinion and a P/E currently at 22.xx, I don't really expect it to sustain a non stop run. Its got to breath and let investor's evaluate the future growth and then it'll go up some more. Its had a pretty good run, wouldn't you say ?

jim


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