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


To: Tony Viola who wrote (70667)1/7/1999 12:44:00 PM
From: Chris Carlson  Read Replies (2) | Respond to of 186894
 
Hey Tony,

No, What I mean is that the 9ers aren't going to win the Super Bowl any time soon, and I'd like for Intel to hit that price before that.
That said, that had to be one of the greatest games ever this past weekend. WOW!

I was being somewhat sarcastic. If Intel doesn't hit 150 before the niners win their next super bowl, OUCH!

On topic: I HAVE grown increasingly wary of Intel's stock price's ability to grow in the future as it has these past few months. I mean, how big can it get? That said, my wariness is merely a product of holding the stock for 3+ years and seeing this kind of pe expansion (relatively speaking) only when it peaked back in '97. I kicked myself for not selling back then, and I wonder if we're in for a similar scenario. My gut tells me no, so I'm holding on for a while yet.

This isn't a call to short the stock. I think your right in that Intel's PE isn't out of whack when compared to the rest of the market, although that's not entirely reassuring either.

Good luck in Atlanta!

Ciao,

Chris