INTC earnings warnings
0
10
20
30
40
50
60
70
80
10
-8
-6
-4
-2
0
2
4
6
8
10
price
2001Q1 rls
2000Q3 rls
What happened at Intel?
what happened?
2000 2001 2002 2003
forecasted real
growth for next 10
years is 3% (CBO)
Why is the terminal sales growth 5% in eVal?
Screening for mispriced stocks
quantitative screening is common in
portfolio analysis
most of the screening variables are backed
up by academic evidence
Company NAICS
Symbol Company Name Ind
IIIN Insteel Industries Inc. Spring & Wire Product Manufacturing
PRLS Peerless Systems Corp. Software Publishers
MWRK Mothers Work Inc. Women’s Clothing Stores
PROS ProCentury Corp. Direct Insurance (except Life, Health, & Medical) Carriers
BAMM Books-A-Million Inc. Specialty Retail
GMR General Maritime Corp. Deep Sea, Coastal, & Great Lakes Water Transportation
JBLU JetBlue Airways Corp. Airlines
RMBS Rambus Inc. Consumer Finance
GCA Global Cash Access Holdings Inc. Commercial Services & Supplies
CYBX Cyberonics Inc. Navigational, Meas, Electromedical, & Control Instruments Manufactu
HRB H&R Block Inc. Accounting, Tax Preparation, Bookkeeping, & Payroll Services
NLS Nautilus Inc. Sporting & Athletic Goods Manufacturing
CGS to 35.4%, left the rest unchanged.
now lower sales growth to 19.4% in 2001 and smooth to 5% over 20
years.
implies $3,758,833 stock repurchase.
Price approx. $48/share
11.5B.
sales growth = 16.2% in 2001 then trend to 5% over 20 years.
My Intel Inputs