Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: dmf who wrote (44750)	1/10/1998 10:25:00 PM
From: Ibexx	Read Replies (2) of 186894

hi dmf, H&Q's Chaplinsky has the following to say about INTC's Q4, the update was issued a couple of days ago: ___ 1. We (H&Q) believe that INTC will report in-line with our recently revised December quarter EPS of $0.90 on $6.25 billion in revenues. 2. Strength during the quarter is being driven by seasonal growth inoverall microprocessor unit sales, double digit sequential sales growth in Europe, continued strong demand in China, and a marginal increase in ASPs. 3. We remain cautious on the first half of 1998 outlook for INTC due to the growth of the sub-1000 PC, which should continue to place presure on overall ASPs, and the uncertainties surrounding the economics of Asia. 4. We maintain our HOLD rating on INTC and believe that our March quarter EPS projection of $0.89 will remain unchanged. ____ Rob has been both right and wrong before, so we shall see. Regards, Ibexx

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