SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David M Gambs who wrote (4111)10/14/1996 3:33:00 PM
From: Barry Grossman   of 186894
 
Goldman Sachs analyst on CNBC just told Ron Insana that he expects eps over 1.30 today and to look for "explosive growth" in profits over the "next 5-6 quarters". Also said he expects "margins to rise to high 50's from low 50's".

Reason - pc volume is growing very well and Intel's ASP will rise over the next year because of growing sales of their higher end processors being sold (PPRO's). Called them a quasi- monopoly but said they deserve all their success for continuing to introduce upgraded products that the market continues to demand.

He didn't forecast share price movement.

I believe him.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext