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Technology Stocks : Intel Corporation (INTC)
INTC 48.67-0.2%3:59 PM EST

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To: Rajeev Bajaj who wrote (7954)1/13/1997 1:00:00 AM
From: Barry Grossman   of 186894
 
<<- Moto earnings statement, which includes manufacturing & other costs.
- Intel projected revenue for Q4 ($ 5.6 billion)
- Intel Gross margins (57 %)>>

Rajiv:

I think your numbers are conservative.

Intel's revenue grew by 11% from the 2nd(4.64B) to the 3rd quarter(5.14B).

Your 5.6B revenue estimate is too low. The growth in the 4th q revenue will be more likely 13-15% so revenues will probably be 5.8-5.9B.

I also recall a statement by Intel in November that margins were going to increase in the 4th qyarter. I expect 60% minimum.

What eps would this give you?

Barry
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