Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.85

+1.6%

Dec 19 3:59 PM EST

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To: steve harris who wrote (155390)	1/15/2002 7:44:06 AM
From: puborectalis	Read Replies (1) of 186894

Merrill Lynch issued a bullish pre-earnings report on Intel overnight, saying it expects the chipmaker to "meet or exceed" Merrill's fourth quarter revenue estimate of $6.96 billion and earnings per share estimate of 12 cents. Analyst Joe Osha said the consensus earnings estimate for Intel in 2002 is "too low" at 62 cents per share; he is estimating earnings per share for 2002 of 70 cents. "As estimates are raised, we expect the impact on the stock to be positive," Osha tells clients overnight.

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