Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Road Walker who wrote (110630)	9/21/2000 8:43:43 PM
From: Tushar Patel	Read Replies (2) of 186894

Current mean estimate for this quarter (according to WSJ briefing book) is $0.41. Last year for this quarter, Intel earned $0.28. Even if this announcement shaves off 3 cents off the earnings (meaning earnings come in at $0.38), Intel will grow earnings over 35%. Lets look at top line growth. Last year for the Sep quarter, revenues were 7.3 billion. Even with the announced shortfall, at 8.6-8.7 billion, that is 17-19% top line growth. Is that so bad? I know the street was expecting perfection (or more) but still... tushar

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