Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: still learning who wrote (14106)	2/26/1998 7:42:00 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

Intel is 'NOT' a commodity company ?? That's certainly something new to me ! Intel, a few years ago, only produced x86 CPU and motherboards, was considered a commodity company - therefore its P/E was actually very low at that time - something like around 10. Recently, it diversified into higher-end stuffs and entered Networking. And Networking (believe it or not) commands a higher p/e than semi-conductors. That's why p/e of Intel ramed up to 20 in these couple years - its share prices quadrupled with basically flat earnings and revenues. Apparently, intels' ventured into Networking has so far been a flop, but people had forgotten why it deserved a higher p/e in the first place and continue to bid up its price. FWIW just my 2 cents. Mang