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Technology Stocks : Intel Corporation (INTC)

INTC 34.83

+3.6%

3:47 PM EST

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To: Gary Ng who wrote (43913)	1/5/1998 10:51:00 AM
From: gnuman	Read Replies (3) of 186894

Gary Ng, re:Q4'97 earnings. As I have previously posted, I think Intel will come close to Q4 consensus. Q4 is typically the highest revenue qaurter. Intel's price cuts to address the low end didn't happen till the end of December for the P55C233, and the other cuts occur in Q1'98 Compaq/Cyrix mediaGX captured a large percentage of sub-0's in Q4. So, I think the low end impact on earnings will begin to show up in Q1.

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