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

To: Jim McMannis who wrote (63886)9/4/1998 12:45:00 AM
From: carl a. mehr  Read Replies (1) | Respond to of 186894
 
Jim - Re:" Predicting Intels stock price in 5 years simply cannot be done. "

I can with the help of my HP80. Predictions are made all the time.
Five periods compounded at an annual percentage rate of 30% brings $76.75 to $284. (@20%=190, @30%=284, @40%=412, @50%=582)

I will eat my Tillie hat if Intel does not at least reach the 284 figure in 5 years. The last 5 years looks like 40% yearly growth rate.
humble carl


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