Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.09

-0.3%

2:47 PM EST

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To: Ibexx who wrote (36600)	10/17/1997 10:04:00 PM
From: Paul Fiondella	of 186894

If you look at that YAHOO you see earnings hedges embedded in the story. The most glaring one being the % of sales attributed to foreign markets. As anyone can see Asia is suffering from the currency collapse. So I translate the jist of the MSFT dependency on foriegn markets as follows. MSFT like other major companies banked upon growth in the Asian market this year to expand its sales and revenues. Luckily MSFT unlike Ford, Chrysler, and GM , did not ramp up production in anticipation of the great Asian boom that did not materialize. Turned to Europe where the economy is on the verge of coming out of a period of stagnation.....

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