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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-2.3%12:35 PM EST
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To: Thomas Dremel who wrote (3899)10/8/1996 5:48:00 PM
From: Jay Walker   of 186894
 
$103 according to CNBC in after hours trading....up $1 and change.

I expect a real good Q3, and even better Q4 earnings report. For Q3, its very rare Intel pre-announces a higher revenue quarter by X percent. As for Q4, PCs are hot this xmas with ProShare video conferencing
on every desktop over POTS. Think about it. Last yearQ4/Xmas pc sales were just ok, thats because there was nothing exciting out there on a PC. Now you have the internet excitement, USB, VideoConferencing, Intercast, lots of exciting stuff.

And don't forget Intel is not lowering CPU prices on Pentium (tm) Processors in Nov. They will ship more higher speed parts that will increase revenue and earnings.

Then you have MMX in Q1 on both Pentium and Pentium Pro.....

Earnings are due Mon after the close.
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