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


To: Diamond Jim who wrote (70647)1/7/1999 1:28:00 AM
From: Uncle Frank  Read Replies (2) | Respond to of 186894
 
To All: Can anyone recall the highest p/e intc had during its great run in 1996-97? Not that trailing p/e's mean anything when they're in a high growth phase, but I wanted to see the multiple the market was willing to allow.

Thanks in advance,
49er Faithful Frank



To: Diamond Jim who wrote (70647)1/7/1999 12:04:00 PM
From: Catcher  Respond to of 186894
 
several reasons for msft as pointed out on that thread. as far as courts go, consensus of what i'm reading is that worst case "penalty" yields minimal interruption in stock's upward trend. after that Joe Public figures "heck, they took on the govt and are unscathed, what can't they handle"? Also like msft since it appears to offer minimal downside risk or, at the least, should continue to signif outperform S&P. Think of it as a tech sector mut fund with (currently) $17 billion in cash, ownership positions in over 200 forward thinking companies, and its own corporate efforts yielding market leadership positions in tel-com, internet and, oh yeah, software. better dicersified than most tech sector funds...from my limited standpoint. Finally, when non AOL/Amazon & other key net players do plummet, expect those $s to go to intc, csco & msft--not cash or clorox.