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: Brian Malloy who wrote (23893)	6/4/1997 10:09:00 PM
From: Joey Smith	of 186894

Brian, One thought is that Intel knew that product transition to MMX might take 2Q and 3Q, and that earnings shortfall MIGHT occur. My guess is that Intel doesn't want to say that 3Q revenue will be lower than 2Q revenue during the earnings announcement, so they lowball now, and then they could at least say 3Q should be flat from 2Q during the earnings announcement. More likely if things continue to improve, they could say 3Q will be better than 2Q. I do not think 3Q will be lower 2Q, unless things deteriorate much further. Also, I think Intel wants to be very conservative and not let the stock run ahead of itself too fast. joey

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