Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

+2.3%

Nov 19 3:59 PM EST

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To: Moose who wrote (85436)	7/13/1999 4:40:00 PM
From: Tony Viola	Read Replies (3) of 186894

In the Q1 earnings report, Intel predicted Q2 GM to be 59%, same as Q1, but for the entire year, they predicted GM to be 57% +/- a few points. That made H299 GMs have to be about 55%. Now, Intel is saying 60% for the entire year, requiring about 61% for H299. That is outstanding news, and if the stock rebounded in after hours, that's why. ** Gross margin percentage in the third quarter of 1999 is expected to be up slightly from 59 percent in the second quarter. Intel's gross margin expectation for the full year 1999 is now 60 percent, plus or minus a few points, up from prior guidance of 57 percent, plus or minus a few points. Tony

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