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Technology Stocks : Intel Corporation (INTC)
INTC 36.58+2.2%10:03 AM EST

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To: Gary G. Withrow who wrote (30878)9/2/1997 7:52:00 PM
From: Ibexx   of 186894
 
Gary and Intel Investors: Intel's Q3 Outlook (READ AT OWN RISK)

My H&Q contact called me this afternoon, forwarding the opinion that they (H&Q) think Intel's Q3 is "picking up very nicely."

They feel that an EPS of $1.00 is quite possible if the current sales' pace continues. (I believe the current censensus is only $0.91 by Zacks.)

Thus, market might respond to the increase in eps estimate with a price increase commensurate to the suggested magnitude.

Ibexx
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