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

To: Time Traveler who wrote (56358)	5/30/1998 7:35:00 AM
From: Francis Chow	Read Replies (2) \| Respond to of 186894

<Francis, is there a price that would entertain you to become a not-so-proud shareholder of Intel?> I wouldn't do it by price. Who knows what a fair price will be, given the public's variability in what they consider to be a fair P/E (which has changed upwards significantly over the last few years). I would do it by timing instead. My timing for buying Intel is mid Q1 1999. By then it will have bottomed from all this bad news and from the upcoming bad revenue quarters. By then too Asia will be starting to come back. Why? Because the Asian crisis was caused by rickety financial institutions, not fundamentals. Asia has low taxes, high savings, high capital investments (ie. investment is high, consumption is low - good for the future) and low deficits, and the people work hard. Grove again showed his vision by taking the trip to China an sowing the seeds for the next decade's harvest. Mid Q1 of 1999, that's when I'm going to back up the truck (a very big truck).