Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

-0.1%

Nov 12 3:59 PM EST

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To: John F. Dowd who wrote (91034)	10/27/1999 12:45:00 PM
From: WiseGuy	Read Replies (2) of 186894

Intel Corp. (INTC) 71 7/16: chip maker trading off 1 7/16 after Salomon Smith Barney cuts their FY99 estimate from $2.27 to $2.22 and FY00 from $2.85 to 2.65 (consensus is $2.26 for FY99 and $2.67 for FY00); cutting on manufacturing issues this quarter saying that INTC is having trouble meeting demand, primarily with Coppermine and mix of processors; expects this to be a short-term issue: maintains "buy" rating and $95 price target..... Intel's analyst meeting is tomorrow - why not wait till tomorrow and ask Intel's management? These so-so analysts always want to be a hero, predicting the company's fate before management does, just like the infamous Dan Niles.

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