Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.76

+10.9%

Jan 28 3:59 PM EST

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To: Ibexx who wrote (23884)	6/4/1997 9:48:00 PM
From: Brian Malloy	of 186894

Ibexx, Thank you for posting the full report. After reading it, I am scratching my head about this whole thing. I don't think INTC is setting up the biggest sandbagging ploy in the Universe but I am wondering why they chose to announce the "earnings shortfall" so early? I don't understand why they didn't wait until the end of June and had better preliminary numbers. What if we\the markets are going through all of this and there is no shortfall, or the shortfall is less than 5% or for that matter, greater than 10%. 1. It would seem that INTC's decision must have been kicking around since mid-May, only half way through the quarter. What might happen with the 30% of the quarter remaining (just talking about June now)? COMPAQ and DELL report no slowdowns. It even appears that COMPAQ is hinting that they will have a stronger than expected quarter. Just adding this comment from a post that I saw on another board from Gateway. "`It's a typical second quarter, which means it's in like a lamb and out like a lion,'' the Gateway spokesman said. He said he could not comment any further because the month of June only just started. ``This is the typical seasonality that comes with the second quarter.'' 2. Given that INTC has come out so early and stated this 5-10% shortfall, why would H&Q come out and say they are posting a conservative figure in the $1.70s range for 2QTR earnings. H&Q's figure is closer to a 20% earnings drop! 3. So, what might we have? a) Will INTC post another downward earnings revision later this quarter? b) Or did whoever controls the econometric\forcasting models for INTC mess up and earnings will actually end up being higher than we now expect? c) Lastly, might we just stay at this 5-10% earnings shortfall? Something is fishy in Denmark - Anyone out there have any thoughts? Regards, Brian

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