SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 50.58+4.8%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kas1 who wrote (23403)6/2/1997 5:59:00 PM
From: Ibexx   of 186894
 
Konrad and all,

H&Q Update on INTC (5/30) - Read at own risks - Not intended for the faint-hearted and weak-kneed.
_______________
Summary:

1) Maintain our (H&Q's) BUY rating on INTC and lowering Q2 EPS to $1.70 and conservatively lowering FY97 EPS to $7.75 and FY98 EPS to $9.80.

2) We believe the announced revenue shortfall is a product transition issue and a short term problem not related to overall slowing in market demand.

3) We are expecting upbeat analyst presentation in New York next week (which means this week--Ibexx).
____
I will post some details and a sequel to the above later this evening if there is interest from the thread.

Ibexx
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext