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

To: Skeeter Bug who wrote (53228)	4/15/1998 12:06:00 AM
From: Fred Fahmy	Read Replies (1) \| Respond to of 186894

skeeter, <that intel is no longer a growth company> I guess it depends on you definition of a growth company. If you define a growth company as one that grows earnings every single year without ever taking a breather then I guess you are right. Look at the following graph: intel.com Last time Intel posted a yty annual decline in earnings was 1988 to 1989. The drop was about 20%. I see a similar drop from 97 to 98. I'm sure their were those who said back in 89 that "intel is no longer a growth company". <ggg> Look at the next 8 years. If we need an annual drop in EPS every 5-10 years or so before we go on to new heights...so be it. From my perspective Intel's long term prospects have never looked better. Intel is on course to dominate all high end platforms in the same way they dominated the Windows world. The industry leaders realize this and that's why they are lining up behind Intel. Good luck to all, FF