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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: Patrick E.McDaniel who wrote (44922)1/12/1998 8:37:00 PM
From: Dale J.  Read Replies (1) of 186894
 
MOT reported operating earnings of 65 cents a share, missing analysts' consensus estimate of 68 cents. Net income rose to $321 million or 53 cents a share, compared with $238 million or 39 cents a share last year.

"I'd say that's lower than the forecast but maybe not as bad as the fears," said Robert Wilkes, an analyst with Brown Brothers Harriman.

In after hours trading, the stock fell to $54 a share. It closed down 75 cents a share on the New York Stock Exchange at $54.75.
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