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


To: Randy Ellingson who wrote (48393)2/21/1998 10:07:00 PM
From: Mo Chips  Read Replies (1) | Respond to of 186894
 
<<I'd say that we'll see increasing growth from the rest of the world over the next five years. >>

I agree, however, I think that earnings growth for INTC is already predicted on this assumption. My comments are not mean to imply that intel and the PC industry will not be growing, but that the stock market has in the past and may in the future, expect that growth to be greater than can actually be obtained. When expectations exceed an obtainable figure, stock prices get too high. Hence my sell target...

Mo