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Technology Stocks : Cyrix 1 Where anything goes
CYRX 8.845+3.5%Nov 11 3:59 PM EST

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To: Frank P. who wrote (370)4/14/1997 4:42:00 PM
From: Investor A   of 640
 
Frank,

The latest press release from Intel on Q1 report:
intel.com

Gross margin percentage in the second quarter of 1997 is expected to be flat to slightly down from 64 percent in the first quarter. Intel's gross margin expectation for 1997 is 60 percent plus or minus a few points. Based on Q1 results and current expectations, gross margin percentage for 1997 is expected to be at the mid to high part of that range. The company still believes that over the long-term the gross margin percentage will be 50 percent plus or minus a few points. Intel's gross margin percentage will vary depending on product mixes.

The Q1 earrings met exactly as the whisper number 2.20. However, the long-term gross margin is expected to drop from the current 60% to 50%. What does that mean?

Fuchi ... who loves Cyrix's innovations

Please support the PC industry & protect consumer interest
techstocks.com
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