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We now have estimates from Merrill Lynch analyst Tom Kurlak that Intel should see eps ranging around $8.60 in 1998. At a pe of, say 25, we are looking at an easy lope into 200 level somewhere in the next two years. Barring a Wall Street meltdown or the remarkable emergence of the NC into a dominant factor or the sudden appearence of a credible competitor, I would say that the PC revolution (spell that I N T E R N E T ) is going to make a large fortune for those who are long on INTC. There will be bumps along the way but hang on for the ride. If you don't agree love to hear from you. Good long term investing to all. Burt (wish I had thought of a snappy handle when I started posting on SI) | ||||||||||||||
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