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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: Joey Smith who wrote (35922)10/15/1997 11:36:00 AM
From: 16yearcycle   of 186894
 
Let's do some very basic math on Kurlak's opinion.
INTC has already earned 2.88 this year.
INTC says they will exceed this quarters .88 next quarter.
.88 (or more) + 2.88= 3.76(or more)
Kurlak has therefore lowered this year to 3.70

Kurlak has also lowered next year to 3.50-3.75
This would be .875 to .9375 per quarter.
INTC has just earned .88 in a difficult quarter; product transitions, price cutting, strong dollar, etc.

Kurlak is drinking way too much, and needs to take the flask out of his desk.

He will revise his numbers up within 2 months.

jmo.
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