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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (22798)2/17/1999 2:31:00 PM
From: billwot  Respond to of 27012
 
Thread-from CBS MarketWatch:

Macneale, for the first time, is marking a technology company with his monthly "buy" rating. Intel (INTC), he says, will split its shares April 11. "No one can predict where PCs and the Internet will be some years from now, but an investor can be quite confident that Intel will strive mightily to maintain its place in these businesses," he says.

He cites the 20 percent-plus yearly growth rate that Intel has notched the past five years. The chip maker's price-to-earnings ratio of 38 times one year's earnings is about 13 points higher than the broad market's average.

Second-favorite: America Online (AOL), which splits its shares on Feb. 22. "It is clearly the time to get involved in this sector of the economy," Macneale says.


cbs.marketwatch.com

billwot



To: Sonki who wrote (22798)2/18/1999 3:52:00 AM
From: Lafayette  Read Replies (2) | Respond to of 27012
 
Sonki, you're an example of why I really enjoy this thread. There is always someone willing to help out with good advice. I feel I can learn by just reading what you all have to say.

One more question, please. I know Intel is going to split soon. When, and by what date must you own the stock to qualify for the split?