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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST
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To: Road Walker who wrote (102565)4/18/2000 7:35:00 PM
From: Amit Patel  Read Replies (2) of 186894
 
John, Re : "I expect we will start seeing downward earnings revisions, soon."

I am not sure why you expect a downward revision. The Y2000
EPS estimate is only 2.93 (and Y2001 is 3.42). With a strong 2nd half and a decent 1H, we are looking at an approximate EPS of 0.71 (or it is .88 ?), .70, .80 and .90
for Q1 thru Q4. (= 3.11 or 3.28, including tax income for Y2000). 1999 EPS was $2.32. A healthy 35% growth Y2Y, I think. (more if you count one time tax gain). No ?

-Amit.
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