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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: 16yearcycle who wrote (35932)10/15/1997 3:50:00 PM
From: Lev Belov   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<<

That's not exactly correct. Intel predicted flat to higher revenue and GM, but then said that R&D and general expenses will go up by some $150 mil. So in theory, there is a chance for lower earnings next quarter.
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