Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.25

+0.9%

Feb 3 3:59 PM EST

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To: Sonki who wrote (23547)	6/1/1997 9:06:00 PM
From: Brian Malloy	of 186894

Sonki, Just a quick math check, Intel said 5 to 10% off 1st quarter earnings of $2.20. thus we are looking at $1.98 to $2.09 this quarter. Still more than double from last year's second quarter but down slightly from 1st quarter. Also, we know that it is a supply not a demand problem. If one must have a problem this is the one to have unless you are DIGITAL come September.;-) Yet, most earnings forcast for the year have not been lowered, it appears that INTEL will be selling more higher margin chips as this year continues. Barron's, Wall Street Week, CNNFN web site and others say that Friday was an overreaction. Those that bought Friday were given a gift. Brian

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