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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%3:59 PM EST
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To: Road Walker who wrote (5016)11/8/1996 7:54:00 PM
From: Larry Loeb   of 186894
 
John,

My read of the announcement was that revenues would increase significantly and that gross margins would exceed the 57 percent of the third quarter.

Given the expectation that Intel is conservative in their announcements and that this announcement is made after only the first month, I expect that any increase in margin must be at least 2 percent. Otherwise I would expect them to say that they expected gross margins to be in line with the third quarter (which could be 1 - 1.5 percent improvement).

JMHO

Larry
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