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


To: Francis Chieh who wrote (50148)3/9/1998 11:50:00 AM
From: robert duke  Read Replies (1) | Respond to of 186894
 
I think the stock is a little bit high in the price. If intel earns 3-3.5 the PE will be about 21 up to 25. So the price could fall down to the 65 range and then the value is good. I think once the windows get out and this $1000 dollar PC thing is over the price will go up. Compaq is not making enough money to sell a good sub $1000 PC. I think that once the video phone and the voice recognition is added then the need for a higher processor speed will dramatically increase.