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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: f.simons who wrote (105694)7/15/2000 4:32:58 PM
From: steve harris  Read Replies (2) of 186894
 
Frank,

when it was announced iNteL dumped a lot of stock, it was estimated at the time "The $2.3 billion in stock earnings will effectively double the company's second-quarter earnings."

yahoo.cnet.com

Since the earnings estimate has hovered around .71, it looks like anything below $1.40 would be a disappointment.

Or is there a mistake in the numbers somewhere?

steve
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