Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 48.76

-1.0%

10:26 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Engel who wrote (34710)	10/10/1997 11:49:00 AM
From: Ibexx	of 186894

Paul and thread: Just received the following H&Q update (October 10) on INTC via FAX. As usual, the report was issued by R. Chaplinsky. _______ SUMMARY: * We are now expecting Intel to report a Q3 EPS of $0.90, which is lower than our earlier estimate of $0.97 and slightly below consensus estimates of $0.91. * We continue to believe that Intel experienced record microprocessor unit sales in the September quarter, however, we now believe that CPU average selling prices are much lower than our original estimates. * With this lower average selling price assumptions, we are also lowering our Q4'97 and 1998 EPS estimates. * We maintain our BUY rating on INTC, but expect a more attractive buing opportunity after consensus estimates are adjusted downward to reflect this new pricing environment. Ibexx PS: Details are available upon request. As usual, please read at your own risks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next