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Technology Stocks : Intel Corporation (INTC)
INTC 44.06-3.2%Jan 12 3:59 PM EST

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To: Smart Investor who wrote (3395)9/17/1996 7:36:00 PM
From: Paul Engel   of 186894
 
Smart Investor - Re:"Do you really think that 3rd quarter will be better
than 2nd ?"

Where have you been for the past 24 hours - in a coma? INTEL issued a press release yesterday stating exactly that - Q3 revenues would exceed Q2 revenues by 5%. Gross margins would be at the high end of the "50%" range.

Do you think Intel management decided to issue a false prediction only 2 weeks before the end of the quarter? They would have to have a corporate DEATH WISH - failure to meet these predictions will keep them in Legal Hell for the rest of their careers.

And Intel Management is not stupid enough to do this.

Paul
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