Intel Corp (INTC)

[Tenchu]

Beamer, And if this is the case, Intel should be getting a P/E closer to 30.

What for? We're not exactly living in times of optimism, you know. (Part of it is manufactured, IMO, but that's a debate best left for the political threads.)

Hence the reason for INTC's belated move up, even after strong Q1 results. Better late than never, I suppose, but with interest rates rising, it's hard to see a P/E ratio of 30 being "fair" valuation, unless you expect INTC to blow away future earnings estimates by 50%.

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