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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST
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To: Dwight E. Karlsen who wrote (45402)1/14/1998 1:32:00 PM
From: John Hull  Read Replies (1) of 186894
 
Dwight: Intel has been saying for some time now, that they expect that in the LONG-Term, margins may be in the 50% +/- area. The 55% + or - was a full-year 1998 guidance item.

I can't comment on what Dan's expectations were. I know Dan pretty well and find this quote a little out of style for him. Not sure of the context inwhich he said it.

Regards,
John Hull
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