Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.71

-3.0%

10:16 AM EST

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To: Barry A. Watzman who wrote (33482)	10/1/1997 10:04:00 PM
From: Fred Fahmy	of 186894

Barry, <....it is absolutely incredible that things could change so drastically just because they said that they were NOT going to say something.> Well, we should all know by now how irrational WS can be in the short run. There must have been some concern that Intel was going to pre-announce poor earnings. The fact that they aren't saying anything (negative or positive) suggests to me that nothing material has changed since their earlier guidance. The last two times actual results were coming in significantly different than their guidance, they re-guided the anlaysts.....one time up and the last time down. Based on no new news and their previous guidance, I am of the opinion that they will come in within plus or minus a couple cents of estimates. My guess is a couple cents above estimates. I think that many of the estimates being put forth here are way too high and are inconsistent with the guidance we have been provided. Oh well, we will find out soon enough. For the record my EPS guesstimate is 0.94 which I think would be an excellent quarter. Good luck to all, FF

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