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Technology Stocks : Intel Corporation (INTC)
INTC 36.34-0.1%3:59 PM EST

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To: Jules B. Garfunkel who wrote (177033)2/13/2004 1:17:18 PM
From: GVTucker  Read Replies (1) of 186894
 
Jules, RE: I know that BofA reduced Q1-04 estimates for INTC by $.02 today, but can you tell me what is dragging Intel down. Since the day before Q4 earnings release, when INTC was trading at $34, the company has announced;
-Better than expected Earnings
-Better than expected Revenues
-Better than expected Margins


Better than consensus as defined by First Call does not necessarily mean better than expected. A stock discounts an expected number which is not always the number that is officially reported by Wall Street analysts.
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