Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 124.16

+0.1%

10:49 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Uncle Frank who wrote (83603)	12/4/1998 12:19:00 PM
From: Uncle Frank	of 176387

Intel is soaring on news of their new 4Q estimate. Can Dell be far behind? SANTA CLARA, Calif. (CBS.MW) -- Intel Corp. shares jumped 4.3 percent Friday morning on reports the company expects fourth-quarter revenue to rise 8 to 10 percent from the third quarter. The world's largest chipmaker (INTC) "is on track to hit our fourth-quarter earnings-per-share estimate of $1.10 on revenues of $7.6 billion," said Credit Suisse First Boston analyst Scott Nirenberski in a note to clients. Intel shares rose 4 3/4 to 114 1/4 "We expect revenues to be up 12% sequentially from 3Q98 and believe the company is on track to at least meet our estimates quarter-to-date. Revenues are strong across virtually every segment and product line," he also said. The company gave a presentation to investors Thursday at a conference hosted by Credit Suisse First Boston.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next