Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.33

+0.4%

1:11 PM EST

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To: GVTucker who wrote (150523)	11/30/2001 8:36:48 AM
From: Road Walker	Read Replies (1) of 186894

An interesting turn about, clothed in some continuing negative comments. Niles has usually been right about the numbers, wrong at picking bottoms and tops. 08:18 ET Intel (INTC) 32.32: Lehman analyst Dan Niles raises his Q4 EPS estimate to $0.10 from $0.08 (consensus: $0.09) and revenues to $6.8 bln from $6.6 bln; also ups 2002 estimate to $0.62 from $0.55 (consensus $0.57), cites higher average selling prices. Expects company to raise Q4 revenue guidance to high end of range and gross margin to 48% from 47% in qtrly update, but believes this is still a U-shaped recovery and that investors should sell into the Dec 6 mid-qtr update call.

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