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


To: Mary Cluney who wrote (67557)10/29/1998 2:41:00 PM
From: Joseph Pareti  Respond to of 186894
 
>Intel has never sold at a very high
>multiple when compared with the MSFT,
>CSCO, LU, DELL, SUNW, AMZN, YHOO, AOL

great analysis, so you put together stellar
companies like sunw with noname crap like AMZN
that happen to be pumped up just
because everybody gets hypnotized when they
hear the word "internet"



To: Mary Cluney who wrote (67557)10/29/1998 3:04:00 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Wall Street pays higher PE multiples for dependable, growing earnings. (Soemtimes absurdly higher, as in the latter stages of this bull market, or the Nifty 50 era of the early 70's).

Intel's earnings do not grow in a dependable, predictable fashion, and will not in the future. Wall St. consequently will not pay the kind of PE multiples afforded to KO or MSFT. Never has, never will. There is no art to it, and there's nothing that Barrett can do about it.