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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (13452)8/24/2000 12:38:33 PM
From: chic_hearne  Read Replies (1) of 436258
 
Re: INTC is beginning to acquire the qualities of POS...virtually no improvement in operating earnings for three years in a row

heinz, judgement day for that peice of crap is coming real soon, you can only fake it for so long.

Take a look at these numbers. Next year, estimates are for profits of $1.5 billion over this year. In the first two quarters of this year alone, Intel has taken over $3 billion in one time stock gains.

In other words, if operating profits remain flat like they have the past 3 years, they are going to have to come up with $4,500,000,000 of profit. We're not talking revenues here, but PROFIT! Just where is that money going to come from? It's not, plain and simple.
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