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Guest
Guest
.... Analysts are cutting their estimates for intel now and predicting that intel will only make about 90c/share profits for all of 2001. Applying even an optimistic P/E ratio of 20 (for a little or no growth company) suggests a proper price of about $18, maybe a $15-20 range, for intel's stock now.
Further hurting intel is analysts saying the PIV rampup to replace PIIIs will be forced by expensive promotions and cutting PIII production rather than being driven by actual consumer demand.
Further hurting intel is analysts saying the PIV rampup to replace PIIIs will be forced by expensive promotions and cutting PIII production rather than being driven by actual consumer demand.